Corporate Compliance Crackdown: DOJ Announces New Enforcement Policies for Business Entities
Deputy Attorney General Lisa Monaco spoke to defense attorneys at the ABA’s 36th National Institute on White Collar Crime about a series of initiatives that will roll back more lenient enforcement policies adopted during the prior administration. This increase in enforcement will be buoyed by a surge of resources provided to DOJ prosecutors, including a new squad of FBI agents embedded in the DOJ’s Criminal Fraud Section—placing “agents and prosecutors in the same foxhole,” as DAG Monaco described it. These efforts have ramifications on both the individual and corporate level, including: (1) increased individual accountability, (2) a focus on corporate recidivism, and (3) greater scrutiny of corporate resolutions with the DOJ. Aware that these sweeping pronouncements would reverberate amongst white-collar defense practitioners and their clients, Monaco concluded her remarks with some practical advice.
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