eTERA Consulting recently partnered with Cohn Reznick to tackle an increasingly important issue facing our industry: government investigations. Today’s enforcement environment presents major challenges for unprepared, ill-equipped companies. The higher frequency of multi-regulator investigations creates increased complexity, and the presence of foreign regulators is on the rise. Enforcement investigations are becoming more and more costly. Settlements are severe and may put reputation and brand at risk. These are just a few of the indirect costs. Direct costs, such as fines and penalties, can reach or exceed the billion dollar threshold.
To read our full piece, please check out Cohn Reznick’s blog.