said it wants to see public reaction broadened, asking not just legislators and legal experts but all Filipinos 'to send Mr.
Second, if the organization is acting in good faith, FSGO
guidelines provide safe-harbor provisions granting certain protections from liabilities and penalties, as an incentive to self-police through effective compliance and ethics programs.
Department of Justice (DOJ) investigations of large companies today rarely end up in trials where the FSGO actually come into play in sentencing corporate defendants, FSGO standards for effective ethics and compliance programs have become a principal reference point in setting up and implementing such programs.
The FSGO are principles-based and provide for flexibility in establishing and implementing an ethics and compliance program--there is no one-size-fits-all.
Organizations can be federally prosecuted, and those that are convicted can receive stiff sentences under the FSGO. Fines can range from $5,250 to $290 million.
If an organization is convicted of a crime, its punishment under the FSGO can be lessened if it has an effective compliance and ethics program.
the FSGO? It is a system that has received almost universal acclaim.
Another major change in the FSGO is the Commission's somewhat
Both countries should benefit from its lessons,' the FSGO
said in a statement.
contains a very broad definition of organization.
includes allies of President Benigno Aquino III in the likes of Carina Constantino David, Wigberto Tanada and Edilberto de Jesus.
Legislators have greater accountability for the disposition of public funds, even if alleged operators come up with the blueprint to pocket the Priority Development Assistance Fund (PDAF) for personal use, said the Former Senior Government Officials (FSGO