Remediation Can Help Avoid Prosecution, Reduce Fines
If remediation is done well, the organization possibly escapes prosecution, reduces monetary penalties, and avoids imposition of a monitor and other sanctions. Remediation done poorly—or worse, not at all—means the organization confronts prosecution, enhanced fines and penalties, difficult audit processes, and recurring financial loss.
In Bloomberg BNA’s Prevention of Corporate Liability Report, StoneTurn’s Jonny Frank outlines how remediation, done correctly and started early, can help firms avoid prosecution and reduce fines.
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