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Home Crimes of the Powerful

Justice Department Tightens Rules for Self-Reporting Misconduct

by critjust
April 4, 2022
in Crimes of the Powerful
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White Collar & Criminal Law

April 4, 2022, 6:24 PM

  • Mistaken-doing should be disclosed promptly to get leniency
  • Corporations that don’t report after an inside probe gained’t qualify

The Justice Division stated Monday it’s tightening guidelines for self-reporting misconduct like value fixing.

Corporations should report any potential violations of felony antitrust legal guidelines “promptly,” or they’ll nonetheless be topic to prosecution, the Justice Division introduced Monday within the first replace to leniency rules in additional than 5 years.

“Company boards and executives, and the counsel advising them, ought to perceive that sitting on their arms after detecting an antitrust crime may have actual ramifications — dropping out on leniency means extreme penalties,” stated Assistant Legal professional Common Jonathan Kanter, who leads the antitrust division, in a press release.

Learn Extra: …

Brody Ford

Brody Ford

Bloomberg Information

© 2022 The Bureau of Nationwide Affairs, Inc.

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