The US Department of Justice (DoJ) under President Donald Trump is reviewing whether to eliminate corporate monitorships, as reported by the Financial Times.
Monitorships, which proliferated after corporate scandals like WorldCom and Enron, require companies to hire independent firms to oversee compliance after criminal settlements. "A priority for the DoJ is to re-evaluate all ongoing criminal division monitorships — and to decide what to do across the board," a defense attorney told the FT. "Potential options include eliminating monitorships, paring them back, or having the DoJ supervise them more closely."
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