FCPA consultant Tom Fox interviewed two executives of Affiliated Monitors, Inc. about considerations a company should employ when retaining a corporate monitor. They suggest starting with a clear set of goals for the monitorship, depending on the circumstances. Is the monitor coming in to simply investigate the company, or to help prevent or resolve issues? What is the value the monitor will deliver to the organization? One “soft” value they suggest is that the work of the monitor in surveying employees can be good for morale.

An important consideration is the expertise of the monitor, not just in terms of subject matter, but how they will work without disrupting your organization or working to keep such disruptions to a minimum. They must also be “independent and conflict free” to avoid putting their findings at risk.

Other important factors to consider are the scope of the monitorship, the frequency and duration of activities, and the experience level of the monitor.

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