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Chamber of Commerce unit supports FCPA disclosure pilot project, but criticizes its Yates Memo element

( April 6, 2016, 20:04 GMT | Official Statement) -- MLex Summary: The legal reform branch of the US Chamber of Commerce commended the US Justice Department on a pilot program seeking to clarify policy about voluntary disclosure of foreign bribery. However, the chamber's Institute for Legal Reform said it was concerned about DOJ's "Yates Memo" requirements relating to individual accountability reporting, saying it "pits the company against its employees" at a time the employees' cooperation would be needed.Statement follows in full:...

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