Forensic Managed Services

Navigating Compliance and Fraud Risks in a complex Business Landscape

Amidst the growing complexities in today's business landscape, including diverse workforce, global operations, and extensive third-party ecosystem, organisations must align with compliance and regulatory expectations to maintain integrity and diligence against misconduct and fraud. As most organisations settle into more flexible working models, they are exposed to greater risks and heightened level of fraud. It has become imperative for organisations to protect their reputation, comply with regulations, maintain transparency and earn stakeholder's trust.KPMG in India establishes structured guidelines and frameworks to navigate complex regulations, promote transparency, foster trust and drive operational excellence.

Why KPMG in India

Our Forensic Managed Services team specialises in safeguarding businesses and professionals against emerging fraud risks and misconduct while fostering transformation and security
Our comprehensive suite of services encompasses setting up robust due diligence and background screening processes on prospective employees and third-parties including vendors, suppliers, and partners
We also assist in establishing an early detection system through a secure whistleblowing hotline channel, enabling confidential reporting of fraud, non-compliance, and misconduct
With growing concerns and increased regulatory enforcement on ESG frameworks, our team conducts thorough ESG due diligence across third-party networks, NGO suppliers, and subcontractors
We also provide integrity due diligence and senior management due diligence services, meticulously identifying potential red flags including involvement in unethical business practices, conflict of interest, legal disputes, political and bureaucratic associations
Our Corporate intelligence capabilities are utilised at key junctures and strategic points of forging alliances, pre-acquisitions deliberations, mergers and venture partnerships by organisations and lends a deeper perspective while taking critical business decisions

Forensic Managed Services

A faster and effective route to transformation, maintaining business integrity and excellence

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Is your internal governance effective enough to minimise risk?

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Is your business looking for support to comply with regulations such as Foreign Corrupt Practices Act (FCPA) and UK Bribery Act (UKBA) and safeguard themselves from reputational damage?

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Are you seeking assistance for verifying past credentials, pre-employment, education and criminal record verification?

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Are you looking to mitigate risks associated in dealing with businesses and individuals with compromised integrity, non-compliance, involvement in fraud, corrupt activities and a negative reputation?

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Are you worried about your equity investments and need to understand the risk and concerns associated with your investee company?

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Are your third party complying with regulatory mandatory disclosures?

KPMG In India’s approach to safeguard Integrity and Trust

Protect

Supplier, distributor, vendor and third-party diligence
Criminal & bankruptcy checks
Financial health check
CSR diligence
Integrity and reputational background checks
“Fit and proper” diligence
Discreet market and human intelligence
Consent-based stakeholder interviews

Human resources HR is searching for a right person for a job position. Concept of hiring, selection, interview, recruitment,

Third party risk management
Pre-employment verification
Global regulatory and sanctions checks
Employee background screening
Country specific regulatory and high-risk watchlist
Modern slavery & human rights diligence
ESG integrity checks

Detect

Helpline setup for whistleblowing and reporting integrity issues
Moonlighting checks
Greenwashing, blue washing and pink washing
Adverse media
Seek full disclosure on entity and key personnel

Cybersecurity cybercrime internet scam, businessman crypto currency investment digital network technology computer virus attack risk protection, identity privacy data hacking

Anti-money laundering & counter terrorist financing
Legal disputes and criminal litigations
Exit interviews
Political exposure checks
Conflict of interest checks / relationship mapping

Respond

Continuous Monitoring
Reviews under insolvency and bankruptcy code
Onsite data collection and analysis
Anti Fraud, Bribery & Corruption diligence and Know Your Customer

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Value Proposition

Unmatched experience

One of the largest Forensic Managed Services practice in the country
2000+ global and Indian multinational clients across various sectors
Over a million reports on entities and individuals every year across jurisdictions
4,000,000+ targets covered in due diligence reports every year
Third party vendor capabilities and pre- employment background checks in low disclosure jurisdictions

Dedicated resources and global coverage

Global coverage through the center of excellence based in India
1000+ experienced and dedicated team managing services
190+ countries covered as part of global capability and coverage
Subject matter experts (SMEs’) with diverse expertise and hands on experience in deep understanding of compliance with laws and regulatory framework
Multilingual research capability team with proficiency in English, Spanish, German, French, Portuguese, Mandarin and various Indian languages etc.

Comprehensive and customised services

Provide a range of services from desktop to on-ground information collection
Centralised hub for spectrum of Forensic Managed Services
Customised scope for clients based on sector, industry and type of risk associated
Experience across sectors and industries, with risk identification tailored to the industry
Improved transparency and cost optimisation

Technology driven services

Proprietary tools, Technology platforms and workflow tools for seamless experience and digital instant screening solutions for quick decision-making
Seamless workflow with KPMG Diligence & Analytics System
KCheck, a background verification tool
K Verify, an in-house tool linked through APIs to various government websites, enables instant verification of the validity of IDs/unique numbers such as PAN, TAN for entities and individuals.
Access to world leading data sources through subscriptions and technology backed solutions

Risk management and compliance excellence

Processes designed to comply with regulatory acts and frameworks such as DPDPA, FCPA, UKBA, DPA, GDPR etc.
Compliance with GDPR Standards and holding an Other Service Provide (OSP) license issued by Department of Telecommunications
Tailor made services to enable clients to maintain strong compliance and exercise increased control on all level
Stringent control for data protection, information security and privacy - ISO 27001:2013, 27701:2019 & ISO 22301:2019 certified facility by The British Standard Institution

Awards & Associations

Awarded ‘Best Background Screening service provider’ by World HRD Congress for 2016, 2017, and 2023.

Awarded ‘Best Background Screening service provider in Asia’ for 2019 by World HRD Congress and by Asian HR Leadership Awards for 2017.

Founding Member of Professional Background Screening Association (PBSA, formerly know as NAPBS) APAC Chapter.

Empaneled with NSR (National Skill Registry) as a “Platinum Partner” under NASSCOM initiative.

Our Offerings

Pre-employment verification services:

Consent based background checks on employees screening their past employment, education qualification including technical courses, criminal records, regulatory sanctions, adverse media and other stated credentials.
Ethics helpline (Whistle-blowing & reporting helpline service:

Design whistle-blower framework and thorough management of hotline service in multiple languages. Create awareness through training programs and e-learning content.
Senior management and mid-management due diligence:

Discreet integrity and reputational background of existing/ prospective senior candidates.
Vendor/ supplier/ distributor/ third and fourth-party due diligence services:

Customised approach to screen existing or prospective third parties, vendors, suppliers etc.
ESG diligence on supply chains:

Customised approach and weighted risk rating methodology for ESG Diligence as per industry standards.
CSR/ NGO due diligence:

Develop a strategic approach to CSR that aligns with business needs of the community, enabling compliance with applicable legal regulations during the project lifecycle.
Sanctions and continuous monitoring:

Continuous online monitoring of targets through databases to provide real time updates on sanctions.
Social media monitoring:

Design a process of identifying and determining what is being said about a brand, individual or product through different social and online channels.
Discreet market intelligence:

Conduct discreet market intelligence checks through phone or email communication on targets.
KYC/AML:

KYC services including document verification, reputation, compliance and regulatory checks and customise AML services including review of policy framework, identification of high-risk clients, implementation of accurate risk assessment procedures.

KYB:

Diligence to identify and check customer business registration documents, ownership, management structure, AML and CFT documents , financial statements and details of planned transactions.
Fit and proper diligence:

Conduct due diligence on Shareholder/Directors of banking companies as per The Reserve Bank of India (RBI) regulations which aims to diversify ownership and control of banking companies and with an intent to check major shareholders are continually ‘fit and proper’.
29A eligibility checks:

Due Diligence procedures to satisfy clients that the prospective resolution applicant is not ineligible under section 29A of Insolvency and Bankruptcy Code (“IBC”) which lists out the kind of persons who are not eligible to submit a resolution plan, either individually or acting jointly or in concert.
Employee exit feedback:

Independently collect open and honest feedback from exiting employees to improve engagement and gain insight.
Site visits (in-person or through video assessment):

Conduct site visits to help clients assess the existence/ business operations, capacity and capability validation, identify irregularities, if any, and obtain an understanding of policies.
In-person interviews:

Interviews with the key promoters, legal compliance personnel and other key personnel of the vendors to understand policies associated with legal compliance, bribery, and corruption issues.
Pre-bid due diligence:

Customised and proactive approach due diligence on the clients potential bidding counterparties before bidding on a project, which helps the clients to reduce risk by identifying the warning signs before any problems arise.

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