The Department of Justice (DOJ) launched a new pilot program that encourages voluntary self-disclosure by corporate executives who are themselves involved in financial misconduct, with the incentive of a nonprosecution agreement (NPA) for those who help an agency investigation.
The pilot program, unveiled Monday, aims to offer a “strong incentive” for executives involved in financial misconduct to provide to the DOJ “actionable, original information about criminal conduct that might otherwise go undetected or be impossible to prove.”
