Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.


Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

What New Rules for Compliance Monitors Really Mean

Melissa Klein Aguilar | April 1, 2008

Take it as proof of how pervasive compliance monitors have become in corporate criminal settlements: They now come with their own guidelines, in the form of a Justice Department memo.

Craig Morford, acting deputy attorney general until last month, issued the guidelines on selection of compliance monitors March 7. The rules come amid concerns over transparency and possible conflicts of interest in the selection of monitors. The issue came into sharp relief last year when Christopher Christie, the U.S. attorney for New Jersey, approved a $52 million contract for his former boss (and former Attorney General) John Ashcroft to be compliance monitor at medical device company Zimmer Holdings for all of 18 months. Lawmakers questioned Ashcroft and others about the arrangement at a Congressional hearing on March 11, shortly after the guidelines were issued.

Compliance monitors cropped up occasionally in the 1990s as part of pretrial... To get the full story, subscribe now.