The beat goes on.
“Prosecutors in 737 MAX Probe Focus on Boeing Disclosures to Regulators, Customers,” The Wall Street Journal, March 23, 2019. Did Boeing mislead customers or regulators?
If you are in a regulated business, be careful what you say and what you don’t say to regulators. Speaking untruth to power is ill-advised.
What controls do you have in place to make sure that what you say to regulators is the truth, the whole truth, and nothing but the truth? How do you monitor the effectiveness of those controls? Especially when an untruth may be a criminal offense? And how do you manage the retention or non-deletion of associated drafts and emails and such?
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