Regulators, both U.S.-based and those located outside the United States, are increasingly expanding the use of appointed independent monitors to assess, oversee, and monitor financial institution compliance with relevant laws and regulatory actions such as a written agreement, a Deferred Prosecution Agreement (DPA), a Non-Prosecution Agreement (NPA), or a cease and desist order. K2 Intelligence has a broad range of experience serving as an independent monitor for banks and other financial institutions, and as integrity or oversight monitor for corporate entities in construction, real estate, manufacturing, gaming, and the casino industries. K2 Intelligence monitors, brought in as part of a government settlement agreement, as a proactive measure, or as a condition for not pursuing criminal or civil charges, have the expertise to tackle a broad range of bribery and anti-corruption issues, including Anti-Money Laundering (AML), Bank Secrecy Act (BSA), and Office of Foreign Assets Control (OFAC) compliance; Foreign Corrupt Practices Act (FCPA), UK Bribery Act, and anti-corruption enforcement; and sanctions violations.
We help the client comply with settlement terms and, on an ongoing basis, assess compliance programs and internal controls to address, help remediate, and avoid future problems. Composed of multidisciplinary experts, our teams are made up of former regulators, law enforcement and intelligence professionals, prosecutors and attorneys in private practice, Department of Justice officials and attorneys, compliance officers, technology experts, forensic accountants, and cybersecurity experts who collectively have skill sets the regulator may not possess.