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Government,
Banking,
Administrative/Regulatory

Mar. 3, 2023

DOJ gives detail on new compliance incentive program

"Our goal is simple: to shift the burden of corporate wrongdoing away from shareholders, who frequently play no role in the misconduct, onto those directly responsible," Deputy U.S. Attorney General Lisa Monaco told the ABA's meeting on white collar law in Miami Thursday.

DOJ gives detail on new compliance incentive program
Deputy U.S. Attorney General Lisa Monaco, pictured in 2021, spoke Thursday at the American Bar Assocation's meeting on white collar law in Miami. New York Times News Service

Deputy U.S. Attorney General Lisa Monaco went into detail about a new clawback program meant to increase corporate compliance and voluntary self-disclosure during remarks she made Thursday at the American Bar Association National Institute on White Collar Crime in Miami.

“Our goal is simple: to shift the burden of corporate wrongdoing away from shareholders, who frequently play no role in the misconduct, onto those directly responsible,” M...

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