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New Global Regs Hitting Companies Already Facing Increased Compliance Challenges in US

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New Global Regs Hitting Companies Already Facing Increased Compliance Challenges in US | Corporate Counsel
















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https://www.law.com/corpcounsel/2024/05/10/new-global-regs-hitting-companies-already-facing-increased-compliance-challenges-in-us/

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ANALYSIS

In the United States, regulators are increasingly holding companies accountable for the compliance problems of their third-party vendors. Elsewhere, a new law in the United Kingdom will help prosecutors pursue corporate fraud, and a new EU regulation takes aim at subsidies granted by nonmember states that give companies an undue economic advantage.

May 10, 2024 at 03:25 PM

5 minute read

Chris O'Malley

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Regulators worldwide—not just in the United States—are putting in place new programs and policies that will make steering clear of enforcement bunkers even more difficult.

And one of the most worrisome, according to corporate attorneys, is a new U.S. Department of Justice pilot program that will provide stronger incentives for whistleblowers to rat out their co-workers and employers for misconduct.

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