Independent Monitor and Consultant

Independent experts who understand regulators

FRA senior partners have supported and served as US DOJ, SEC, PCAOB and NYDFS-appointed monitors and independent consultants on many of the largest and highest profile cases. On top of this, more than 20 years’ experience working consistently on high profile regulatory investigations and enforcement, white-collar criminal defense, litigation and compliance and risk advisory, means FRA monitors bring:  

• high standards of integrity and rigor in upholding regulatory best practice,  
• understanding of topical fraud schemes and vulnerabilities for which compliance programs must be prepared,
• insight on regulatory enforcement priorities, and
• extensive experience presenting before authorities in the desired format and level of detail.

Risk-based and systematic approach

Bespoke risk assessments are core to our approach to compliance remediation, identifying with confidence the priority areas for improvement. Our model has been mapped against all leading international benchmarks and stood up to scrutiny in the context of monitorships and compliance reviews. We also leverage data analytics to conduct detailed testing as a basis for further tailored recommendations or reporting.  

The success of this approach rests on our specialist teams comprising experienced forensic accountants, certified public accountants (CPA), certified fraud examiners (CFE), financial analysts, former US government officials, former investment bankers, compliance officers, attorneys, software engineers and certified computer examiners.  

Clear and Transparent Communication

FRA's wider experience in all aspects of a monitorship brings an important appreciation of the role of an effective independent monitor. Clear communication between ourselves, the authority and the company is critical in meeting the authorities’ expectations. Where conflict arises, we have managed to resolve those in a collaborative, fair and measured manner as well.