Compliance Perspectives

By Adam Turteltaub Once again it is time to sit down with Matt Kelly (LinkedIn), Editor and CEO at Radical Compliance and discuss what happened last year and where the compliance profession is going in the new one. In this podcast we looked back at 2024 and explored five key topics. Changes from the DOJ The DOJ recently issued a recap of its key activities over the last year or so, and Matt notes that a key change has been an increased willingness to give credit to companies that work with the Department of Justice.  In the past, the DOJ had only given full credit to companies that had self-disclosed, but now there is greater leniency for organizations who have demonstrated that they are willing to cooperate with the government and make serious remediation efforts. Lessons from Recent Dispositions Matt pointed to the TD Bank case and noted that, as he saw it, the company laid the seeds for its scandal by having a zero expense growth strategy  across its business.  That led to compliance spending shrinking