The Justice Department has yet to name compliance monitors for three companies that settled criminal probes by accepting independent reviews, potentially undercutting Biden administration efforts to enhance the widely-criticized enforcement tool.
Delays in each of the criminal monitorships announced since Biden took office range from four months following the DOJ’s plea deal with Glencore to a nine-month wait at NatWest Markets.
Department leaders have rejected some candidates nominated by companies, adding time to the selection process, and senior officials are scrutinizing individual decisions amid a study of monitorships ordered by the deputy attorney general, according to two sources familiar with ...
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