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What’s to come of the Pilot Program?

Jaclyn Jaeger | March 10, 2017

The countdown begins for when the compliance community will soon find out the fate of the Pilot Program initiated last year by the Criminal Division’s Fraud section.

In April 2016, Andrew Weissman, chief of the Criminal Division’s Fraud section, issued a nine-page memo setting forth the details of a one-year FCPA enforcement pilot program initiated by the Fraud Section’s FCPA Unit. The pilot program does not apply to any other part of the Fraud Section, the Criminal Division, the U.S. Attorneys’ Offices, or any other part of the Justice Department.

“The principal goal of this program is to promote greater accountability for individuals and companies that engage in corporate crime by motivating companies to voluntarily self-disclose FCPA-related misconduct, fully cooperate with the Fraud Section, and, where appropriate, remediate flaws in their controls and compliance programs,” Weissman wrote in the memo... To get the full story, subscribe now.