Theodore T. Chung

Nov 13, 2024 | jdsupra.com | Adam Brown |Theodore T. Chung |Alex Macpherson

In ShortThe Situation: The UK Government has published much-anticipated guidance (the "Guidance") on the new corporate offense of failure to prevent fraud (introduced under the Economic Crime and Corporate Transparency Act 2023 ("ECCTA")), which is scheduled to come into force on September 1, 2025.

Nov 13, 2024 | mondaq.com | Adam Brown |Theodore T. Chung |Alex Macpherson

The Situation: The UK Government has published much-anticipated guidance (the "Guidance") on the new corporate offense of failure to prevent fraud (introduced under the Economic Crime and Corporate Transparency Act 2023 ("ECCTA")), which is scheduled to come into force on September 1, 2025.

Oct 8, 2024 | jdsupra.com | Clare Baldwin |Bethany Biesenthal |Theodore T. Chung

In ShortThe Development: On September 16, 2024, the U.S. Attorney's Office for the Northern District of Illinois ("NDIL") announced its six-month Individual Self-Disclosure Pilot Program for Organizational Misconduct ("Pilot Program"), designed to offer culpable individuals who report organizational misconduct leniency in the form of non-prosecution agreements ("NPAs").

May 8, 2024 | mondaq.com | Theodore T. Chung |Kevin Hart |Karen Hewitt |Samir Kaushik

The Development: On April 15, 2024, the Department of Justice ("DOJ") Criminal Division announced a pilot program that will offer mandatory non-prosecution agreements ("NPAs") to individuals who provide original and actionable information about criminal conduct involving corporations and meet other stringent requirements.

May 2, 2024 | jdsupra.com | Theodore T. Chung |Kevin Hart |Karen Hewitt

In Short The Development: On April 15, 2024, the Department of Justice ("DOJ") Criminal Division announced a pilot program that will offer mandatory non-prosecution agreements ("NPAs") to individuals who provide original and actionable information about criminal conduct involving corporations and meet other stringent requirements.