Law360, New York (December 14, 2011, 1:55 PM EST) -- For the past two decades, employers have gradually taken steps to implement compliance and ethics programs. An employer's motivation for taking these steps often varies, but one common motivation is to ensure that those responsible for oversight and executive management are exercising their legal duties to implement programs reasonably designed to prevent criminal misconduct from occurring.
Looking ahead, the bar to clear for having an “effective” compliance and ethics program is likely going to rise.
On the 20th anniversary of the Federal Sentencing Guidelines for Organizations,...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.