The Governance Implication of a Proposed Yates “Soft Repeal”

Overview


Michael Peregrine wrote this bylined article on the impact of a potential “soft repeal” of the long-controversial “Yates Memorandum” on corporate liability and individual accountability. Mr. Peregrine urged corporate boards to anticipate and plan for such a soft repeal which, however nuanced, “could nevertheless have significant (and in some respects unanticipated) implications for corporate risk policies and compliance programs.”