The Guide to Compliance – First Edition: Introduction and U.S. Compliance Requirements Chapters
Global Investigations Review
We are pleased to share the publication first edition of Global Investigation Review's The Guide to Compliance. Alejandra Montenegro Almonte served as a co-editor for the edition and co-authored the U.S. Compliance Requirements chapter with Ann Sultan and FeiFei Ren. The Guide "brings together compliance guidance and criminal enforcement trends and criminal enforcement trends relating to financial crimes and misconduct" across the U.K., the U.S., Asia-Pacific, and Latin America.
In the U.S. Compliance Requirements chapter, the authors discuss the four main sources of guidance documents on compliance requirements issued by U.S. authorities, including the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) and how the increasing depth of that guidance signals to U.S. and foreign corporations a "heightened expectation of proactive and considered compliance program development."
The authors added, "compliance program design and effectiveness is a particularized and individualized art, where one size does not fit all and continued customization, evaluation and improvement is the expectation… companies would do well to incorporate the guidance provided into their own internal monitoring and testing efforts to ensure their compliance program stays relevant to their operations."