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U.S. Treasury Department Announces Framework to Promote Fair and Effective Compliance

14 June 2023

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United States

The U.S. Department of the Treasury has announced a framework to promote fairer, more equitable compliance across programs and services. As explained in a Memorandum for Department Bureaus and Offices, the core principles and implementation of the framework are as follows: --- CORE PRINCIPLES Our strategy to ensure fair and effective compliance is rooted in four key principles: First, we must make it easier for individuals and entities who want to comply with the law to fulfill their obligations. Strengthening information and service delivery and expanding opportunities for self-correction can improve the public's experience with the Department and reduce the...