Carrots and Sticks in Washington: Antitrust Whistleblowers and an FCPA SOL Extension

The award winning, Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this episode of Compliance into the Weeds, Tom Fox and Matt Kelly look two recent developments sending a common message to compliance teams.   First, DOJ antitrust official Daniel Glad warns that a new Antitrust Whistleblower Awards program and increased pursuit of prison time for individuals compress companies’ timelines to investigate and self-disclose, because insiders may report first and cost those firms potential leniency. Second, Senate Democrats led by Elizabeth Warren propose the FCPA Reinforcement Act to extend the FCPA statute of limitations from five to 10 years for an eight-year window, aiming to preserve future enforcement capacity for misconduct occurring now. They connect these “sticks” with “carrots” such as fast declinations for self-disclosure, emphasizing the need for robust compliance programs, strong reporting culture, prompt investigations, and clear decisions on disclosure regardless of who controls Washington.  Key Highlights  ·      Two Washington Signals ·      Antitrust Whistleblower Push ·      FCPA Reinforcement Act ·      Carrots Sticks and Culture ·      Why Internal Reporting Matters ·      Self Disclosure Through Line  Resources Matt in Radical Compliance here and here  Tom   Instagram Facebook YouTube Twitter LinkedIn  A multi-award winning podcast, Compliance into the Weeds was most recently honored as one of a Top 25 Regulatory Compliance Podcast and a Top 10 Business Law Podcast, and a Top 12 Risk Management Podcast. Compliance into the Weeds has been conferred a Davey, Communicator and w3 Award, all for podcast excellence.  Learn more about your ad choices. Visit megaphone.fm/adchoices