Top FCPA Officials Encourage Strong Compliance Programs and Remediation, the Defense Bar Responds

A year after the DOJ hired an in-house counsel to assist with assessing companies’ compliance programs, top enforcers at the DOJ, as well as the SEC, are touting the importance of compliance in anti-corruption resolutions. At ACI’s 33rd International Conference on the FCPA, recently held in Washington, D.C., federal regulators discussed the role Hui Chen is playing at the DOJ, how proactive remediation can lead to less harsh settlement terms and what the continued focus on individual accountability means for companies and their executives. The Anti-Corruption Report spoke to defense counsel for their reaction to the government’s statements. For additional coverage of the government speakers at this year’s conference, see “Ceresney and Yates Continue to Stress Individual Accountability, Voluntary Reporting and Cooperation” (Dec. 7, 2016).

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