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Corporate offenders face tougher punishment

Illustration: Getty Images

The US Department of Justice is living up to its promise to take a tougher stance on corporate crime. This places greater focus on the work of compliance officers, as they and their teams face closer scrutiny.

Since last fall, four cases have underscored this stricter approach, with Glencore, NatWest and US units of Allianz and Balfour Beatty all pleading guilty to corporate crimes. That is a notable shift from the past, when the DOJ would often settle for deferred prosecution agreements (DPAs), deals that allowed companies

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