When misconduct comes to light, organizations that successfully demonstrate comprehensive remediation can significantly reduce penalties and may avoid criminal charges and a government-imposed monitor. In fact, as monitorship expert Jonny Frank notes in Global Investigations Review (GIR): “…the greater focus now is on the quality of the remediation and the compliance program and less on the underlying misconduct.”
As multinationals prepare for increased government oversight under a Biden administration, Frank, his fellow StoneTurn Partner Mike Roos, along with experts from Covington & Burling and Morgan Stanley, explain how to best approach corrective efforts and meet regulator expectations for remediation of compliance failures. Listen in to the full discussion.
For additional StoneTurn thought leadership on effective remediation, please access the following resources:
Jonny Frank, a Partner with StoneTurn, brings more than 40 years of public, private and education sector experience in forensic investigations, compliance and risk management. He joined StoneTurn in 2011 […]
Mike Roos, a Partner with StoneTurn, has more than 20 years of experience in forensic accounting, compliance and monitoring, and investigations. Throughout his career, Mike has focused on expert witness […]