During a keynote speech today at the Compliance Week 2015 conference, Leslie Caldwell, assistant attorney general for the Justice Department’s Criminal Division, provided some insight on what a robust compliance function looks like. She also talked about what it means to conduct a thorough internal investigation in the eyes of the government.

“Overall, our message is really a simple one: we really expect that corporations will take compliance risks as seriously as they take other business risks,” Caldwell said. “Compliance is a really significant part of a company. It’s critical, and a lack of compliance can be devastating to a company.”

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...