Things in the legal system usually get out of hand. Lawyers get paid, get bribed and ruin the system. The landscape of the legal challenges today is often plagued with corruption, disdain, and animosity. There are many unethical practices brought from the darker side of our nature.
This is exactly the nature of the legal system in the United States that is usually faced by lawyers like Bruno Fagali. Right now, the unethical practices that can be solved would be pushed further by the presence of incentives. This means that if people can report against the wrongdoings of companies and individuals, they can get a reward and a rather high reward at that.
The Reward System to Improve Justice System
If schools want to encourage their students by telling them to hit the books, the judicial system right now in the United States encourages people to report unethical corporate practices in banks and individual companies by giving them rewards. Yes, in a blog post written in Bruno Fagali’s blog, it is mentioned that the US Financial System would be improved if those banks who keep on investing in the wrong programs get penalized. With what is called the Cleptocracy Asset Recovery Rewards, many people now can get the right incentive program that can encourage goodwill.
Bruno Fagali also agrees that the whistleblowers today are risking their lives, and the fact that they are putting their lives in danger should be a reason for the reward to be set in place. Fortunately, there is now great support regarding financial programs for whistleblowers to get the rewards that they deserve. In total, there’s now about $30 million as the highest amount awarded to a whistleblower, which is right now the highest amount for those who do the good thing of calling out wrong practices. This reward system, fortunately, is in accordance to the Dodd-Frank Act, which is the policy that’s covering these finance programs that help better the justice system.
About Bruno Fagali
Bruno Fagali is one of the most popular and fast-rising lawyers based in Brazil. He has served as the Corporate Integrity Manager in Nova/SB. He is now the independent lawyer who’s practicing in his law firm Fagali Law Firm.
Check more about Bruno Fagali: https://www.terra.com.br/noticias/dino/bruno-fagali-fala-sobre-compliance-atualmente-uma-das-principais-responsabilidades-da-governanca-corporativa,da7796c2023b08e3ba5b3e4207d580dffb81cxb8.html