The U.S. Justice Department in recent years has expanded beyond its primary mission—to investigate and prosecute—into a role that’s more about explaining what measures companies can take to avoid criminal investigations in the first place.
The department has created special programs and guidance designed to encourage companies to build systems that prevent employees from paying bribes or committing other crimes. It has also trained prosecutors on the intricacies of corporate compliance, and how to tell if a company’s program is the real deal.
Yet some chief compliance officers are still skeptical that the Justice Department has the expertise or resources to meaningfully assess the work they do—or a genuine interest in crediting companies for it if they run afoul of the law.
Matt Miner, a deputy assistant attorney general overseeing the department’s criminal division, wants to convince them otherwise. He spoke to Risk & Compliance Journal about how the Justice Department is incentivizing companies to invest in compliance, and why those that do should be given special consideration.