Compliance Policy & Process Consulting

Remaining compliant with a burgeoning array of complex regulations is simply a cost of doing business. 

However, validating customers’ identities and sources of wealth and preventing fraud isn’t generally a core competency of the firms that are being asked to do so.  In  this ever-changing and expanding regulatory environment, with new legislation driving companies to conform to new compliance policies, Kroll is focused on these developments and adapting our  diligence and research capabilities to help clients fulfill these new compliance policy responsibilities.

At Kroll, this is one of our core competencies.  We work with clients to establish compliance goals, policies and processes, and then help implement them so that thorough and auditable compliance data is generated for regulatory review.  We also review current compliance policies and ensure they are comprehensive.

Case Study: Customer Information Process in India
A large investment bank with operations in India has engaged Kroll to support its local AML compliance activities. Using our Customer Information Process program, the client is able to rapidly onboard new clients, and represent to regulators their compliance with local AML rules and standards.  

Case Study: Political Contributions Compliance for Global Financial Institution
As of March, 2011, the SEC and US states have enacted new rules that require financial firms that receive investments from state asset managers and pension funds to ensure that employees report and comply with political contribution compliance regulations. A global financial institution is using Kroll’s Political Contributions Compliance platform to enable their professionals to pre-clear their political contributions. Our platform provides for the research and reporting of employees’ previous political contributions. Questionable contributions are flagged for and reported to the client’s senior management.