On March 7, 2024, Deputy Attorney General Lisa Monaco delivered keynote remarks at the American Bar Association’s 2024 National Institute on White Collar Crime, reiterating the key priorities set by the US Department of Justice (DOJ) at the beginning of the Biden administration.
In line with these priorities, Monaco announced two major new initiatives: (1) a DOJ-run whistleblower rewards program, and (2) amendments to the Criminal Division’s guidance on Evaluation of Corporate Compliance Programs (ECCP) to include assessment of the risks associated with disruptive technology risks, including artificial intelligence (AI). These initiatives align with DOJ’s ongoing efforts to incentivize responsible corporate citizenship. They also underscore other steps DOJ has taken to signal that AI has become a key enforcement priority.
Read this alert, which highlights some key takeaways from these new developments.