Inside the Mind of Monitor John Hanson: Monitorship Insights and a Sneak Peek at the ABA’s Corporate Monitor Standards (Part One of Two)

The mandatory engagement of a corporate compliance monitor can be one of the most costly and complicated consequences for a company that has resolved FCPA charges with the government.  Although monitors in FCPA cases are less common than they were several years ago, many companies are still required to use a monitor in some capacity.  The American Bar Association is in the process of drafting standards for corporate monitors to assist companies, government agencies and monitors themselves in making the monitorship process more effective and efficient. The Anti-Corruption Report discussed the forthcoming Standards – and got behind the scenes of various monitorships – with Monitor Standards Committee member and former monitor John Hanson.  In this, the first in a two-part interview, Hanson discusses the development of the Standards and explains the most-debated points in the Standards and the thorny issues he has faced as a monitor.  In the second installment of the interview, Hanson will outline several portions of the Standards that will be particularly useful to companies, monitors and the government; explain cost-control measures included in the Standards; and will offer his insight on monitor reporting requirements.  See also “How to Find a Business-Minded Compliance Monitor and Minimize Reporting Requirements When Negotiating an FCPA Settlement (Part One of Three)” (Feb. 20, 2013); Part Two of Three (Mar. 6, 2013); Part Three of Three (Mar. 20, 2013).

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