Enhancing Compliance: The Power of Independent Monitorships in Consumer Protection

Regulatory Oversight Podcast

In this episode of Regulatory Oversight, Ashley Taylor is joined by Vincent DiCianni, founder of Affiliated Monitors, and Kevin Lownds, deputy chief of the Medicaid Fraud Division at the Massachusetts Attorney General's office, to discuss the value and application of independent monitorships by federal and state agencies, especially in consumer protection and health care fraud cases.

The conversation highlights the practical benefits of monitorships for both companies and regulatory agencies. Vincent and Kevin explain how independent monitors act as neutral third parties to oversee the implementation of corrective actions, ensuring compliance with settlement agreements or other legal mandates. They also stress the importance of forward-looking resolutions in enforcement actions, noting that monitorships can help companies establish or improve their compliance programs.