5 Ways Companies Can Prep for Biden’s Anti-Corruption Push

Bracewell’s Seth DuCharme discussed with Law360 reporter Al Barbarino how companies should act now to reexamine and bolster their compliance programs in light of President Joe Biden’s push to fight corruption, looming new anti-money laundering rules and vulnerabilities that were amplified by the pandemic.

DuCharme reminds companies that compliance should be engrained into corporate culture and a “living, breathing, proactive, forward-looking” element of the business.

“Don’t resist the compliance function and the training function and the audit function; embrace it, because you’re essentially testing yourself to make sure you can withstand the scrutiny of others later,” DuCharme said. “And if you have that confidence, then you can go forward with confidence to make money and grow value.”

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