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US Prosecutors to Credit Companies for Self-Reporting

US Prosecutors to Credit Companies for Self-Reporting

by Starling Insights

Starling Insights Editorial Board

Mar 10, 2023

Observations

Last month, US Attorneys Damian Williams and Breon Peace (Manhattan and Brooklyn, respectively), announced a new policy to show greater leniency to companies that self-report misconduct.

Effective immediately, rather than waiting for misconduct to be reported by whistleblowers or discovered by prosecutors, companies that voluntarily disclose wrongdoing will benefit from reduced financial penalties and may avoid prosecution entirely. 

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