Article
Where Fraud Priorities Overlap: What NFED Means For Corporate Compliance Programs
The Department of Justice’s new National Fraud Enforcement Division (“NFED”) has told the market exactly where it intends to focus: (1) public trust and financial integrity, (2) health care, (3) internal revenue, (4) global trade and commerce, and (5) corporate misconduct. NFED plans to target these five priorities in parallel under one roof with a shared data infrastructure, compounding the risk to companies that operate at the intersection of multiple priorities and raising the stakes for any company considering a voluntary self-disclosure of potential misconduct.
Sheppard, Mullin, Richter & Hampton LLP