U.S. Deputy Attorney General Rod Rosenstein said the Department of Justice now may pass on criminal charges if companies disclose foreign bribery violations, reports Bloomberg Politics.
The move expands an Obama Administration program that was designed to encourage self-reporting. In that system, the DOJ considered reducing financial penalties. Under Rosenstein’s guidelines, the DOJ may now forgo criminal charges completely.
“We expect the new policy to reassure corporations that want to do the right thing,” Rosenstein said.