Not Your Father’s Monitor-Part 3: Cristina Revelo on E&C Assessment and Internal Controls

Innovation in Compliance with Tom Fox

In October, Deputy Attorney General (DAG) Lisa O. Monaco gave a Keynote Address at ABA’s 36th National Institute on White Collar Crime (Monaco Speech). Monaco’s remarks should be studied by every compliance professional as they portend a very large change in the way the DOJ will utilize monitors going forward.

Over this podcast series, sponsored by AMI we will consider why DAG Monaco’s remarks herald a new era for monitorships. We will consider Monaco’s remarks from a variety of perspectives. Bethany Hengsbach will consider this change in monitorships from the white-collar enforcement and defense perspective. Mikhail Reider Gordon will look at global aspects of the new DOJ monitor’s focus. Cristina Revelo will discuss how E&C assessments help drive More compliant companies. Jesse Caplan brings his views on the twin topics of antitrust and healthcare compliance. We will conclude our series with AMI founder Vin DiCianni who will look at where monitors monitorships are going in 2022 and beyond. In this Episode 3, Cristina Revelo brings her internal control expertise to analyze for E&C assessments, particularly with monitors and monitorships.

Highlights of this podcast include:

1. Monitoring skills will be in demand as we see the rise of proactive monitorships / assessments
2. Compliance and ethical culture are important considerations to review.
3. E&C Assessments help companies get ahead of what is coming, mitigate risk, ensure compliance and address any gaps that might exist before a regulator comes knocking on their door.

Resources

Cristina Revelo

Affiliated Monitors Inc.