Regulatory Investigations

Providing clients with the facts and insights they need to respond confidently to regulatory issues.

Contact us

Companies today are under more regulations and regulatory scrutiny than ever before. Managing regulatory risk requires a comprehensive, objective assessment of a company’s regulatory compliance, its exposure to enforcement action, and the steps needed to remediate shortcomings.

Kroll provides enterprises in jurisdictions around the world with the facts and insights they need to respond confidently to local and international regulatory issues regarding bribery and corruption, money laundering, sanctions violations and other matters. Our teams include experts in forensic accounting, data analysis, financial investigations, money laundering, fraud and corruption, and cyber security as well as former prosecutors and regulators. This combination of experience and capabilities allows us to bring unparalleled resources and perspective to our work.

Kroll’s engagements are customized so that we can help organizations mitigate risk at each point in the regulatory cycle:

Compliance Review and Remediation

Kroll can evaluate an organization’s current regulatory and compliance practice, identify gaps and make recommendations for remediation so that companies can stay ahead of the shifting regulatory landscape.

Exposure and Response

When a regulatory breach is suspected or discovered, we assist clients and their legal advisors in gathering relevant facts and the extent of the potential problem. Our teams use forensic accounting and data analytics to identify anomalous transactions and reporting irregularities; trace fund flows across jurisdictions and through complex corporate structures; conduct fact-finding interviews; and deploy international investigative research analysts to uncover patterns and relationships. We then work with the company’s legal and regulatory leaders, as well as its outside counsel, to assess the exposure to regulatory action, issues involved in any self-reporting, and steps needed to remediate the situation. When clients decide to self-report, our findings are frequently used as the basis for their communication with regulators; we have presented our findings, alongside external counsel, to various international regulatory agencies.  

Regulatory Agency Support

Because of our experience with regulatory methods and standards, Kroll is often asked to provide specialized support to regulatory agencies in the form of targeted investigations and supervisory reviews of regulated organizations. Regulators in frontier, emerging and established markets rely on us because of our independence and our ability to provide forensic reviews of the highest standard.  

Case Study – Investigating Allegations of Bribery and Corruption

An employee of a U.S.-based multinational infrastructure company alleged that the company had violated FCPA regulations, paying bribes to secure contracts in an African country. The company and its external legal counsel hired Kroll to conduct an internal investigation. 

The year-long investigation included a review of emails and an analysis of 12 years of financial data covering sales contracts awarded in Europe and Africa. We conducted on-site interviews of employees and examined financial and operational documents in several jurisdictions. We also drew upon our extensive network of local contacts to perform background research into companies and individuals that emerged during the investigation as persons or entities of interest.

Kroll assisted the company in preparing materials for the U.S. SEC and the U.S. Department of Justice. We also prepared an assessment, presented to U.S. authorities, of the fines and penalties that could be levied due to the potentially corrupt schemes identified as part of the review. 

Case Study – Investigating Potential FCPA Violations

After a U.S.-based global healthcare company acquired a Chinese subsidiary, the company hired Kroll to examine the subsidiary’s records for evidence of potential FCPA violations, improper payments and anti-corruption issues. 

We began by designing a methodology to identify questionable payments or gifts to Chinese healthcare professionals and to document any evidence of improper or suspicious transactions in the subsidiary’s financial accounting records. Our analysis of data samples from the subsidiary’s ledgers identified numerous potentially high-risk customers and practices, including employee reimbursements, marketing payments, payments to hospitals and medical associations, and payments to non-employee individuals.

In addition to our forensic accounting, we interviewed 30 current and former employees of the company and subsidiary and collected and analyzed data from key custodians’ laptops and electronic media. 

Our investigation and analysis uncovered more than $1 million in cash, gift cards, luxury travel and gifts provided to healthcare and retail sales professionals for six years. Many of these payments were made through a subsidiary’s vendors to disguise the true nature of the payments. Kroll, the company and its counsel presented the investigation findings to the U.S. Department of Justice and the SEC, resulting in a resolution favorable to the company.  

Case Study – Investigating Potential Bid-Rigging and Bribery in a European Multinational Company

A large European multinational engaged Kroll to investigate potential bid-rigging and the paying of bribes. The multinational was eager to establish how widespread awareness of, or involvement in, anti-competitive behavior was across the organization. 

In the investigation, we sent teams to several European and Asian offices of the multinational’s subsidiaries to interview local staff and conduct a high-level analytical review of relevant accounting data. We identified several cases in which bribes were paid and also the individuals possibly involved. We presented our report to the European Commission.

Case Study – Investigation on Behalf of a LIBOR Panel Bank

A Libor, the London inter-bank lending rate, panel bank engaged Kroll to respond to regulatory investigations conducted by the U.S. Department of Justice, the U.S. Commodities and Futures Trading Commission, the UK’s FCA and the European Commission. Tens of millions of internal records and communications were forensically collected and reviewed for submission to each regulator. Kroll worked with the bank’s legal teams to formulate an investigation plan and document review methodology to produce robust and fully evidenced reports and disclosure packs that met the requirements of each regulator and agency.

Talk to a Kroll Expert

Kroll is ready to help, 24x7. Explore our services further or speak to a Kroll expert today via our contact page. 

Related Team

Connect with us

Zoe Newman
Zoë Newman
Regional Managing Director, EMEA and Global Co-Head of the Financial Investigations Practice
Forensic Investigations and Intelligence
Pamela J. Parizek
Pamela J. Parizek
Managing Director
Forensic Investigations and Intelligence
Washington D.C.
Tadashi Kageyama
Tadashi Kageyama
Regional Managing Director, Asia-Pacific
Forensic Investigations and Intelligence
Louis David Magnien
Louis-David Magnien
Regional Managing Director, EMEA and Head of Forensic Investigations and Intelligence Paris and Zurich
Forensic Investigations and Intelligence
Richard Plansky
Richard M. Plansky
Regional Managing Director, North America
Forensic Investigations and Intelligence
New York
Fernanda Barroso
Fernanda Barroso
LATAM Management Committee Chair
Forensic Investigations and Intelligence
Sao Paulo

See all servicesStay Ahead with Kroll


Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.

Compliance and Regulation

End-to-end governance, advisory and monitorship solutions to detect, mitigate and remediate security, legal, compliance and regulatory risk.

Corporate Finance and Restructuring

M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.

Cyber Risk

Incident response, digital forensics, breach notification, managed detection services, penetration testing, cyber assessments and advisory.

Environmental, Social and Governance

Advisory and technology solutions, including policies and procedures, screening and due diligence, disclosures and reporting and investigations, value creation, and monitoring.

Investigations and Disputes

World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation, disputes and testimony.

Business Services

Expert provider of complex administrative solutions for capital events globally. Our services include claims and noticing administration, debt restructuring and liability management services, agency and trustee services and more.

Forensic Investigations and Intelligence

Staying Ahead in Australia with Kroll's Forensic Investigations and Intelligence Expertise

Apr 19, 2022

by Cem OzturkGary GillDavid Twine

Forensic Investigations and Intelligence

Anti-Money Laundering and Countering the Financing of Terrorism Focus Report 2022

Mar 17, 2022

by Zoë NewmanHoward CooperDavid Lewis


Global Enforcement of Anti-Money Laundering Regulation: Shift in Focus

Mar 17, 2022

by Monique MelisMaria EvstropovaKen C. Joseph, Esq.Hannah RossiterAlan KeatingMalin NilssonAaron  Weiss



Kroll Appoints David Lewis, Former Executive Secretary of the FATF, as a Managing Director to Lead its AML Advisory Practice

Jan 17, 2022


Kroll Named in the GIR 100

Oct 23, 2020

Return to top