How Integrated Risk Management Aligns with the DOJ's Updated 2024 Guidance on Corporate Compliance Programs
The DOJ's updated guidance is critically important for U.S. companies right now because it underscores the necessity of a unified and strategic approach to risk management. It emphasizes the design and implementation of effective compliance programs and their practical application and continuous evolution in response to emerging risks. Failure to align with this guidance could result in severe penalties, reputational damage, and loss of stakeholder trust.
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