WASHINGTON, April 10 (Reuters) - The U.S. Justice

Department has decided to keep corporate monitors in place for

military housing company Balfour Beatty Communities and

Canadian lender TD Bank, amid the Trump administration's

ongoing review of the practice, according to two people familiar

with the matter.

President Donald Trump's Justice Department paused

corporate monitorships in recent weeks as part of a review into

whether some should be ended early, Reuters

previously reported

.

Companies are sometimes required to hire independent

third-party corporate monitors as a condition of a settlement

with the Justice Department to resolve allegations of criminal

misconduct. The monitors are tasked with reviewing compliance

policies to ensure the violations are remedied.

Although the review is ongoing, the Justice Department

has decided that the monitors for TD Bank and Balfour Beatty

should remain in place, said the two people, who were granted

anonymity to discuss details that have not been made public.

Reuters could not determine whether corporate

monitorships would resume at other companies under settlement

agreements with the Justice Department.

Spokespeople for Balfour Beatty, TD Bank and the Justice

Department declined to comment.

Balfour Beatty Communities pleaded guilty in 2021 to

defrauding the U.S. military and agreed to pay over $65 million

in fines and restitution. The high-profile matter also garnered

scrutiny from Capitol Hill. The firm will still have to keep its

corporate monitor that was agreed as part of that deal, the two

people told Reuters.

A Reuters

investigation

in partnership with CBS News in 2019 found that the Air

Force landlord had falsified records to boost its income.

TD Bank also had to hire a monitor as part of a 2024 deal

that saw the Canadian firm become the largest bank in U.S.

history to plead guilty to violating a federal anti-money

laundering law.

The two sources and another person familiar with the

matter confirmed the Justice Department has decided to keep that

monitor, which has only recently been

appointed.

The review is among a series of

policy changes

as the Justice Department

curbs anti-corruption enforcement

and focuses its scrutiny on drug cartels and immigration.

Companies with corporate monitorships include shipbuilder

Austal USA, Scottish lender NatWest and crypto exchange Binance,

according the Justice Department's website and public filings.

Last month, a judge granted the department's request for an

early end to the monitorships for Glencore, the energy giant

that in 2022 agreed to pay more than $1 billion to settle

foreign bribery and market manipulation charges.

It's unclear how many others the Justice Department will

keep in place. One of the people indicated that prosecutors are

trying to determine how well-tailored the monitorships are.

Monitorships are widely criticized by corporate America as

costly and burdensome, but proponents say they are often

necessary to ensure that wrongdoers fix issues.

Trump's first administration moved away from using them, but

former President Joe Biden, a Democrat, reversed that policy in

an effort to tackle corporate crime and repeat offenders.

Several white collar lawyers told Reuters they expect the

Justice Department to step back its use of corporate

monitorships, especially for resolutions involving Foreign

Corrupt Practices Act charges.

The Trump administration has loosened enforcement of the

FCPA, a 1977 law that prohibits companies operating in the U.S.

from bribing foreign officials.