An academic paper is stirring up fresh debate about whether or not companies get any tangible benefit for confessing their Foreign Corrupt Practices Act violations to federal prosecutors.
As part of their crackdown on corruption and bribery, Department of Justice officials frequently preach the benefits of voluntary disclosure of FCPA violations. For instance, as previously reported, both DoJ Assistant Attorney General Lanny Breuer and Acting Deputy Attorney General Gary Grindler touted the Department’s willingness to give “meaningful credit” for self-reporting and cooperation in May remarks at Compliance Week’s annual conference in Washington DC.
