What term is associated with the 2022 Monaco Memo in relation to corporate accountability?

The term associated with the 2022 Monaco Memo in relation to corporate accountability is the concept introduced in the 2015 Yates Memo. The Yates Memo emphasized the importance of holding individuals accountable for corporate misconduct, establishing that companies are expected to provide information about corporate wrongdoings and the individuals who committed them as a condition for cooperation with federal investigations. This principle of individual accountability has been a key tenet of corporate accountability and compliance efforts.

The 2022 Monaco Memo builds upon this framework, reinforcing the expectation that companies take proactive measures to ensure accountability at all levels, including identifying and addressing misconduct and reporting it appropriately. This focus on accountability is crucial in the context of promoting ethical behavior and deterring fraud within organizations.

Other concepts such as voluntary compliance, prompt payment, and self-reporting have their own significance within compliance frameworks but do not specifically link to the principles outlined in the 2022 Monaco Memo the way the individual accountability highlighted by the Yates Memo does. Thus, the connection to the 2015 Yates Memo makes it the correct answer to the question about corporate accountability related to the 2022 Monaco Memo.