Compliance & Integrity Services
Kroll works with clients to help companies, banks, hedge funds, private equity firms and other businesses meet shifting compliance and integrity requirements around the world.
We draw on our understanding of the local environment, as well as 30 years’ experience investigating compliance and integrity failures. We understand how the "bad guys" think and the weaknesses in internal controls systems. We bring that unique experience to your situation, allowing you to understand key vulnerabilities and create more robust programs.
Vendor Integrity
Kroll's vendor integrity program helps clients verify the integrity, business practices and track records of potential and current vendors. Our programs typically include:- A vendor business practice statement, detailing standards of conduct and ethical practices from vendors
- A vendor questionnaire, customized to the client, submitted to the vendors and returned to Kroll for evaluation
- A vendor hotline for questions about the qualification process
- Vendor screening, during which Kroll verifies information provided by vendors and collects additional intelligence not provided by them
- A final report detailing the information collected and a rating of the vendor in question
Foreign Corrupt Practices Act
Kroll has unrivalled global experience preventing, detecting and investigating corruption. We help U.S. companies meet their legal requirements under the Foreign Corrupt Practices Act by designing compliance programs and investigating potential breaches. We also support government agencies and companies worldwide with design of anti-corruption programs that incorporate both technological and human elements.
Intellectual Property (IP) Management
Considered a critical asset in most industries today, our clients utilize our robust protective capabilities. In addition to IP protection Kroll delivers value-enhancement services that enable clients to optimize their assets:
- IP valuation and analysis of license agreements and transactions
- Development and execution of royalty audit programs
- IP portfolio mining and financial optimization
- Evaluation of IP capture programs and internal controls to protect IP
- Gray-market intelligence and investigations
- Supplier, vendor and employee integrity reviews
- Competitive intelligence
- Licensee due diligence
- Market surveillance and enforcement
- Economic damage assessments in IP disputes
- Design of IP risk management programs
- Assessment of cost and risk factors involved in IP enforcement
- Assistance with management and budgeting of patent litigation
Loss Prevention
Kroll’s comprehensive loss prevention programs often begin with a thorough overview of the client’s existing operations and systems, seeking vulnerabilities and an understanding of the true cause of losses as well as process errors that may contribute to inventory shrinkage. A review of the entire supply chain identifies where companies are vulnerable to theft and fraud from their employees, customers and vendors. Kroll’s recommendations are prioritized and structured so that our clients can perform ongoing monitoring and adjustment to ensure long term success.Anti-money Laundering
Significant new legal requirements have emerged in the United States, the European Union and other jurisdictions worldwide. Many of these now apply to corporations as well as financial institutions, making anti-money laundering (AML) a global compliance challenge. Our AML services include:
Our AML services include:
- Assessment and vulnerability testing of global AML procedures and controls
- Design of cross-border compliance programs required under USA Patriot Act and other regulations
- Intelligence support for know your customer (KYC) programs, including due diligence on immediate and ultimate customers, correspondents, affiliates, vendors and employees
- Forensic investigation of suspected money laundering and/or terrorist financing activities
Construction & Real Estate Integrity
Kroll’s expertise in construction and real estate development and management is in preventing and detecting fraud perpetrated through fraudulent charges, fictitious vendors, “ghost” employees, cost overruns and other forms of corruption. Kroll provides fraud and cost-abuse protection for all phases of real estate development, construction, and renovation projects.
This includes:
- Pre-construction vulnerability assessments
- Contract reviews
- Construction vendor screening
- Budget and bidding review and monitoring
- Oversight of procurement, pricing, billing, labor and materials usage and environmental/safety processes
