Forensic Accounting & Regulatory Compliance

In the event of malfeasance, organizations need timely and comprehensive action to investigate the facts. 

Our investigative services team preserves and collects relevant data and information, forensically reviews books and records, performs discrete corporate intelligence, conducts data analytics, performs information gathering interviews  on matters, such as: 

• Crimes against the company, including asset misappropriation, embezzlements and self-dealing by employees and/or third parties to the detriment of the organization
• Financial reporting fraud, including financial statement irregularities and inadequate disclosures
• Corruption, such as bribery, embezzlement, insider trading, extortion, kickbacks and other abuses of entrusted power

By mobilizing quickly in a targeted manner, our global team helps organiations and individuals trace misappropriated assets, including digital assets and mitigate the impact of financial and economic crime. 

We are present in every critical “offshore haven” working as a seamless team across offices in more than 160 countries.

We help organizations:

• Identify the flow of funds, unscrambling layering techniques often implemented by fraudsters 
• Navigate data privacy, data protection and anti-money laundering regulations 
• Gather evidence through intensive corporate intelligence procedures, forensic books and records review, unexplained wealth assessments and interviews
• Leverage knowledge, experience and insights of BDO insolvency professionals in key jurisdictions
• Present evidence to triers of fact, trustees, liquidators and law enforcement in support of freezing orders, discovery, injunctions and seizure orders

For organizations operating in high-risk industries, the ability to understand and mitigate potential issues and threats can minimize risk and drive better decision-making. 

We assist with: 

• Business Integrity Support: Objective fact-finding, helping organizations identify critical information including the mapping of often complex and indirect relationships of both companies and individuals and identifying and understanding backgrounds of parties of interest
• Investigations: Critical research, analytics and ongoing monitoring of intel on key parties 
• Pre-IPO: Insight for pre-IPO companies and advisors who must quickly and efficiently identify issues that may pose reputational or regulatory risks
• Investment Migration: Background investigations on behalf of government Residence and Citizenship By Investment (RCBI) programs worldwide
• Investments and M&A: Support deal teams by gathering background information \about the track record and reputation of parties involved in a prospective business transaction
• Social Media: Conduct social media research that can provide key data points or red flags on a target’s reputation and activities

With rigorous AML and evolving sanctions regulations across multiple jurisdictions — and motivated bad actors with increasingly sophisticated methods — the potential for noncompliance is higher than ever. 

We help organizations: 

• Comply with all relevant and applicable AML regulations, and rulings including: 
  • Bank Secrecy Act (BSA) 
  • Office of Foreign Asset Control (OFAC)
  • New York Department of Financial Services (NYDFS)
  • Financial Crimes Enforcement Network (FinCEN)
• Identify or help prevent money laundering and sanctions violations
• Conduct AML look-back investigations
• Implement robust AML compliance programs

We assess regulatory risk, design, implement and strengthen compliance programs, provide training, test internal controls, and monitor compliance. 

Our expertise includes:

• FCPA, UK Bribery Act, and other anti-corruption regulations
• Sanctions
• International Traffic in Arms Regulation (ITAR)
• Export Administration Regulations (EAR) governing export controls on U.S. products
• Data privacy and data governance
• Cybersecurity
• False Claims Act

A robust and efficiently conducted monitorship can help organizations comply with laws, regulations, consent judgments and/or settlement agreements to remediate prior non-compliant corporate behavior. 

In the event of a corporate monitorship, either voluntary or imposed, we help organizations prepare internally for the monitor’s review or provide support to the monitor bringing:

• A deep understanding of the regulatory environment that applies to U.S. and global organizations 
• Access to former regulators
• Strong investigative, forensic accounting and analytical skills
• Objectivity and independence
• Credibility and experience working with the U.S. Department of Justice (DOJ), the U.S. Securities Exchange Commission (SEC), Federal Reserve, Consumer Financial Protection Bureau (CFPB), Bureau of Industry and Security (BIS) and other regulators