In the past five years, more than 200 Deferred Prosecution Agreements (DPAs) or Non-Prosecution Agreements (NPAs) have been finalized. Companies that demonstrate a corporate commitment to proactive ethics and compliance typically fare better in enforcement actions. “Better” can mean a civil remedy, lower fines or penalties, and avoidance of an independent monitor.
Why is this topic so important?
Reactive compliance is exponentially more costly than a proactive program
Reacting to an enforcement action, beyond the brand and reputation hit, is incredibly distracting for the whole organization. This is a way for the CCO to think strategically about how to protect the company and serve the business strategy.
UK Bribery Act, the DOJ Enforcement Policy, the DOJ Evaluation Questions, the tenants of the HQP (high quality program) all center around proactiveness and affirmative defense.
In our upcoming webinar, subject matter experts Eric Feldman from Affiliated Monitors and Autumn Sanelli from Convercent discuss taking an affirmative defense position to avoid DPA and NPAs and best practices when building your ethics and compliance program to avoid any issues.
You will learn:
- How to take a proactive approach to anticipated government actions
- Positioning for an effective, remedial affirmative defense
- How to align your code of ethics with organizational behavior
- Considerations for different industries and regulatory environments
- Best practices with rules and regulations
- How to use technology to support global ethics and compliance
- How to use benchmarking to stay ahead of the game
Join them for free on Wednesday, April 4th at 1pm EDT (11am MDT)
Sign up for free ethics and compliance webinar here: https://www.convercent.com/events/webinar-mitigating-dpas-npas