One of the major compliance-related announcements of 2015 came last September, when the U.S. Department of Justice hired Hui Chen—former head of compliance for Standard Chartered Bank, ex-assistant general counsel at Pfizer Inc., and former federal prosecutor—for its new position of compliance counsel, effective November 3, 2015. This announcement coincided with new compliance guidance in a speech by assistant attorney general Leslie Caldwell that the new compliance counsel is to apply when evaluating programs for effectiveness.
