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Sunday, November 24, 2024

Argentieri on the DOJ’s Corporate Whistleblower Awards Pilot Program | Thomas Fox - Compliance Evangelist - JD Supra

The Department of Justice (DOJ) recently unveiled the Corporate Whistleblower Awards Pilot Program (CWA) to bolster corporate enforcement efforts. Although the program has only been operational for a few weeks, it has already started receiving promising tips. This initiative reflects a strategic effort by the DOJ to harness financial incentives in the fight against white-collar crime, offering new opportunities for whistleblowers and reshaping the landscape of corporate compliance.

In her recent speech at the Society of Corporate Compliance and Ethics 23rd Annual Compliance & Ethics Institute. Principal Deputy Assistant Attorney General Nicole M. Argentieri spoke about the CWA and reviewed its early developments. (A copy of her remarks can be found here.) There was also updated information on the DOJ approach to whistleblowers and anti-retaliation found in the 2024 Update to the Evaluation of Corporate Compliance Programs (2024 ECCP). This new language found in the 2024 ECCP will be the subject of a separate blog post.

Why Whistleblower Programs Matter

Argentieri noted that whistleblower programs have a proven track record of success. Programs at other agencies, such as the Securities and Exchange Commission (SEC), have led to thousands of tips and hundreds of millions of dollars in awards and have been instrumental in holding wrongdoers accountable. However, these existing programs do not cover the full spectrum of white-collar and corporate crime that the DOJ...



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