Deloitte’s Forensic Practice: Your Partner in Navigating India’s Complex Financial Crime Compliance Landscape
In today’s global economy, managing financial crime risks has become a significant challenge for financial institutions. Consequences of non-compliance can range from negative publicity and damage to corporate reputation to legal and regulatory sanctions and financial losses. Deloitte’s Forensic Practice in India can help you navigate this complex landscape.
Understanding the Challenges
The increasing regulatory scrutiny and enforcement efforts demand robust financial crime compliance frameworks. Deloitte’s Forensic Practice in India is equipped to help you deal with the following business and compliance issues presented by financial crime:
- Complex regulatory environment
- Ever-evolving nature of financial crime
- Increasingly sophisticated criminals
- Cost and resource constraints
Our Team: Expertise and Experience
Our team comprises of chartered accountants, Certified Fraud Examiners (CFEs), forensic accountants, economists, mathematicians, computer forensic specialists, engineers, lawyers, and professionals with law enforcement experience.
- Collective experience exceeding 250 person years
- Trusted advisor for leading financial institutions in India and worldwide
- Government agencies and market regulators’ go-to partner
Our Solutions
Deloitte’sForensic Practice in India offers the following financial crime compliance solutions:
Regulatory Compliance & Anti-Money Laundering (AML) services
- Enhance or develop clients’ AML frameworks based on regulatory requirements and industry practices
- AML awareness and customized training programs
- Conduct historical sanctions screening and reporting of Suspicious Activity Reports (SARs)
Financial Services: Banking and Fraud Risk Management
- Independent assessments and gap analyses
- Fraud risk framework enhancement
- Forensic data analytics tools and early warning systems for effective fraud risk identification
Financial Services: Insurance
- Fraud risk management improvement and customizable business rules for claim management
- Investigation of fraudulent claims
- Assistance in setting up fraud control units
Our Track Record: A Commitment to Excellence
Deloitte’s Forensic practice has a proven track record of assisting various financial institutions, including banks and regulatory bodies, in enhancing their anti-fraud frameworks and financial crime compliance. Our team has conducted numerous investigations into fraudulent activities and helped set up AML target operating models. Our unparalleled senior management forensic experience and marquee credentials position us as an industry leader in financial crime compliance solutions.
Contact Us to Learn More
To learn more about our financial crime compliance solutions, please contact us:
- KV Karthik, Partner,Forensic: +91 22 6185 5212, kvkarthik@deloitte.com
- Nikhil Bedi, Partner and Leader, Forensic: +91 22 6185 5130, nikhilbedi@deloitte.com