By
Aaron Nicodemus2023-02-23T17:46:00
The Department of Justice (DOJ) codified a new policy regarding the voluntary self-disclosure of corporate misconduct, following recent announcements on the updates by agency officials.
The voluntary self-disclosure policy, setting a “nationwide standard” for all U.S. attorney’s offices (USAOs), is effective immediately, the lead prosecutors from the Southern District of New York and Eastern District of New York announced Wednesday in a press release.
The new policy provides companies with incentives to voluntarily self-disclose corporate misconduct before “imminent threat of disclosure or government investigation.”
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