Doj Guidelines

The Attorney General of the United States Presents the 2022 Edition of the Corporate Compliance Guidelines

Significant Updates Announced in March 2023

Understanding and Implementing the Latest Guidelines

The Department of Justice (DOJ) has announced significant updates to its Corporate Compliance Guidelines, effective March 2023. These guidelines serve as a framework for companies to develop and implement effective compliance programs. They are intended to operate alongside the Judicial Protocol on the Disclosure of Unused Material.

The updated guidelines provide enhanced guidance on several key areas:

• Risk Assessment: Companies are now required to conduct more comprehensive risk assessments that consider both internal and external risks.
• Compliance Program Scope: Companies must tailor their compliance programs to the specific risks they face, ensuring they are proportionate and adequately resourced.
• Third-Party Due Diligence: Companies are encouraged to exercise enhanced due diligence when dealing with third parties, including evaluating their own compliance programs.
• Reporting and Investigation: Revised guidelines emphasize the importance of timely and accurate reporting of potential compliance violations.
• Monitoring and Evaluation: Companies are expected to regularly monitor and evaluate the effectiveness of their compliance programs and make necessary adjustments.

By understanding and implementing the latest DOJ guidelines, companies can enhance their compliance efforts, reduce regulatory risks, and improve their overall corporate governance.