WBK Industry News - Federal Regulatory Developments

HUD OIG Issues Bulletin on Best Practices During COVID-19

The HUD Office of Inspector General recently issued a COVID-19 OIG Bulletin which lists recommendations for maintaining an organization’s ethical climate.  The bulletin lists best practices for organizations to: (i) identify and manage conflicts of interest; (ii) implement strong internal controls; (iii) provide ethics training; (iv) maximize competition in grants and contracts; (v) maintain document records; and (vi) encourage employees to report ethics concerns.