1 Small Provision For Barclays, 1 Big Step For Compliance
Law360, New York (May 26, 2015, 5:10 PM EDT) -- For the first time, the Antitrust Division of the U.S. Department of Justice has awarded a company sentencing credit for implementing an effective compliance program after the start of an investigation. Getting credit for compliance efforts should not be as hard as space travel, but up until last week, a company’s chances for getting any credit (short of being the winner-takes-all leniency applicant) were no better than landing on the moon.
Barclays PLC, along with four other investment banks, entered into a plea agreement with the...
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