Saudi Press

Saudi Arabia and the world
Wednesday, Mar 25, 2026

US Department of Justice to Launch Crackdown on Corporate Crime 'in Weeks to Come'

US Department of Justice to Launch Crackdown on Corporate Crime 'in Weeks to Come'

The department took a more lenient stance towards private companies under the Trump administration, who preferred to reduce regulations for corporations and trim the taxes they pay.

Some of the largest corporations operating in the US are going to face a crackdown for their misconduct in the coming weeks, Department of Justice Principal Associate Deputy Attorney-General John Carlin has announced in an interview with the Financial Times.

"There are going to be serious consequences. You should expect in the days, months, years to come an unprecedented focus by attorney general [Merrick Garland] on corporate accountability. Now is the time to get the house in order, focus on compliance, because there [are] going to be tough enforcement actions coming out of the department if you do not do so".


One of the DOJ's focuses in this crackdown will be companies that violate the provisions of deferred prosecution agreements they've signed in the past to postpone criminal charges in exchange for a fine. Such agreements allowed the firms to correct their mistakes and eliminate their wrongdoings.

Yet, not all firms have used this properly. They will be getting notices from the DOJ very soon saying that the department will be taking action against them, according to Carlin.

Another point of interest for the DOJ is companies' compliance systems or rather lack thereof. Businesses' compliance departments and third-party observers monitor their activities so that they don't violate the laws of the country they operate in. Carlin said that the US government will now be taking action against those corporations that failed to put these systems in place.

New Normal for US-Based Companies?


The announced crackdown is another sign of a shift in US policies towards businesses and especially large corporations. Last month, Deputy Attorney General Lisa Monaco said that companies would have to identify all the people involved in misconduct when seeking deferred prosecution agreements with the DOJ. Previously, they only had to identify key individuals "substantially involved in the criminal conduct".

Monaco also said that the DOJ would be taking the firm's history of wrongdoing into account when it investigates its current activities for misconduct.

The change follows years of falling levels of corporate crime prosecutions, which hit a 25-year rock bottom in 2020 under the Trump administration. The latter was perceived by experts as taking a laissez-faire stance, where the government tries to stay away from getting too involved in how businesses operate.

The Biden administration, for its part, pledged to crack down on corporate crimes.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Trump Set for Palm Beach Return Following Saudi-Backed Summit in Miami
Saudi Arabia Accelerates Yanbu Oil Exports Toward Five Million Barrel Target
Report Highlights Saudi-US Security Discussions as Trump Administration Evaluates Iran Strategy
Saudi Arabia’s Humain Commits Three Billion Dollars to Elon Musk’s xAI in Strategic Technology Push
Saudi Arabia Signals Firm Shift in Iran Policy, Declares Coexistence No Longer Viable
Saudi Clubs Prepare Major Push to Sign Mohamed Salah Amid Growing Transfer Speculation
Saudi Arabia Rejects Claims It Seeks to Prolong Regional Conflict
Saudi Arabia Condemns Iranian Actions and Signals Firm Shift Toward Stronger Response
Saudi Arabia Reassesses Strategic Approach as Regional Tensions with Iran Intensify
Pakistan Reaffirms Strong Support for Saudi Arabia Following High-Level Visit
Saudi Arabia Expands Regional Trade Links by Opening New Land and Sea Routes to UAE
World Economic Forum Delays Saudi Conference as Regional Conflict Disrupts Global Agenda
Saudi Arabia and UAE Signal Potential Entry into Iran Conflict if Critical Infrastructure Is Targeted
Global Firms Accelerate Expansion into Saudi Arabia as Economic Reforms Gain Momentum
Global Labour Pressure Mounts as ILO Faces Calls to Reject Saudi Bid to Dismiss Migrant Worker Complaint
Gulf Powers Move Closer to Entering Iran Conflict as Regional Pressure Intensifies
Saudi Arabia Breaks Ranks with Regional Allies Over Response to Iran Escalation
Saudi Arabia Moves Closer to Direct Role as Iran Conflict Intensifies
World Economic Forum Postpones Jeddah Meeting Amid Escalating Regional Tensions
Saudi Crown Prince Reportedly Urges Trump to Sustain Military Pressure on Iran
Trump to Deliver Keynote Address at Saudi-Backed Investment Summit in Miami Beach
Saudi Arabia and Kuwait Press Ahead With Energy Agreements Despite Regional Conflict
Can Saudi Arabia’s Yanbu Port Replace Hormuz? Capacity Limits Test Critical Oil Lifeline
Saudi Arabia Detects Ballistic Missiles as Regional Tensions Escalate in Gulf
Saudi Aramco Reduces Oil Shipments to Asia for Second Consecutive Month
Saudi Aramco Reduces Oil Shipments to Asia for Second Consecutive Month
Saudi Arabia and UAE Push Ahead With Major Deals Despite Iran-Related Uncertainty
Formula One Cancels Bahrain and Saudi Arabia Grands Prix Amid Escalating Regional Tensions
Pakistan Signals Strategic Realignment Toward Saudi Arabia Amid Regional Tensions
Saudi Arabia Cuts Oil Shipments to Asia as Regional Conflict Disrupts Key Export Routes
Saudi Arabia Moves to Contain Regional Escalation as Houthis Signal Readiness to Join Conflict
Saudi Arabia Signals Independent Nuclear Strategy Unaffected by Iran Tensions
Saudi Arabia Signals Independent Nuclear Strategy Unaffected by Iran Tensions
Egypt Reaffirms Strong Support for Saudi Arabia as Sisi Condemns Iran’s Gulf Attacks
Saudi Stocks Close Higher as Tadawul Index Gains 0.55% on Broad Sector Strength
Iran Fires Ballistic Missiles Toward Riyadh as Gulf Conflict Intensifies
Barcelona Midfielder Marc Casadó Attracts €40 Million Interest from Saudi Clubs
Strait of Hormuz Tensions Rise as Saudi Arabia Opens Key Air Base to US Forces
Saudi Arabia Confronts Strategic Turning Point as Iran Conflict Redefines Regional Alliances
Saudi Arabia Intercepts Missile as Two Others Land in Remote Area Without Casualties
Saudi Expulsion of Iranian Military Attaché Raises Doubts Over Fragile Riyadh–Tehran Rapprochement
Saudi Arabia’s Strategic East–West Pipeline Gains Global Attention as Energy Routes Face Growing Risks
Iran Reportedly Reduces Strikes on Saudi Arabia Amid Concerns Over Strong Retaliation
Saudi Arabia Criticises Israeli Strikes in Southern Syria Amid Rising Regional Tensions
Egypt and Saudi Arabia Warn Iran’s Actions Threaten Stability Across the Gulf
Egypt and Saudi Arabia Warn Iran’s Actions Threaten Stability Across the Gulf
Saudi Arabia Unveils Comprehensive 2026 Roadmap to Streamline Company Formation
Saudi-UAE Tensions Reveal Emerging Rivalry at the Heart of Gulf Power Dynamics
Saudi Arabia Launches Gulf Maritime Support Initiative to Safeguard Shipping
Saudi Arabia Expands US Military Access as UAE Braces for Prolonged Iran Conflict
×