According to Reuters (10 March 2017), the U.S. Department of Justice will be extending the programme offering corporations leniency, subject to the companies voluntarily disclosing to competent authorities when their employees or contractors may have paid bribes to foreign officials.
The particular programme was meant to expire on 5 April 2017, but officials explained that it will be continued indefinitely and its effectiveness will be evaluated.
Of particular interest is the following passage:
“Under the program, the Justice Department publicly declined to prosecute five companies that had come forward and fully cooperated when they learned that employees or contractors had made improper payments to foreign officials.”
The challenge that lies ahead, of course, is whether the new U.S. administration will change its approach in time future.
For more information on Reuter’s article, please see: