Forensic

The Corporate Intelligence group gathers and analyzes information from different sources to help our clients make better decisions on such issues as client and business partner acceptance, investment opportunities and other external factors affecting their businesses.

The following list of services is provided by Corporate Intelligence group of KPMG:

• Integrity due diligence, partner security checks;
• Information support of financial investigations, litigation and tracing of assets in Kazakhstan and abroad;

Open source data analysis in conjunction with advice of industry experts allows us to provide detailed information over any risks related to third-party relations of our Clients.

Increased regulatory scrutiny and the extra-territoriality of an anti-bribery legislation are driving greater focus, providing additional challenges for regulated firms to face.

In addition to the challenge of managing the immediate interaction with the authorities, this scrutiny is also exposing weaknesses in regulated firms’ underlying infrastructure (data, documentation, systems and controls and resources).

Our experienced team has been involved in over 50 projects related to establishment and implementation of compliance systems, including processes related to:

• anti-bribery and anti-corruption;
• AML/CET;
• preliminary checks across suppliers, clients, business partners etc.;
• conflict of interest risk management

There are three major differences between FATCA and CRS:

• FATCA requires a financial institution to find US persons; however, with more than 90 countries currently committed, CRS requires a much broader scope of tax residency.
• Under CRS, the definition of a “reporting financial institution” is different. So, even if a Client is not required to report on financial accounts under FATCA, you may be under CRS.
• There is currently no de minimis limit under CRS. FATCA, by contrast, only kicks in for individual accounts with balances exceeding $50,000 – companies have different limits.

KPMG Services related to FATCA/CRS implementation:

• Capability assessment of FATCA/CRS implementation;
• Regulatory assessment aimed at establishment of necessity for implementation FATCA/CRS requirements;
• Solutions regarding delivery of financial statements (including State Revenue Committee of Kazakhstan);
• Determination of company status and US IRS forms completion assistance;
• Training programs for designated responcible employees and departments;
• Assessment of compliance with FATCA/CRS requirements

How KPMG Forensic can help

Responding quickly and efficiently to alleged or suspected fraud, misconduct or other improprieties such as violations of laws, regulations or organizational policies is critical.

Organizations often lack the resources with the right skills and backgrounds to proficiently conduct a prompt, cost-effective and objective investigation. As fraud and misconduct siphons billions of dollars each year from organizations worldwide, damages reputations and puts public trust in the marketplace at risk, boards and management at all levels are obliged to rapidly get to the bottom of a matter.

KPMG’s Investigation Services team works closely with member firm clients to understand investigation objectives and coordinate our approach to utilize the appropriate resources. Through detailed inquiries and examinations, including the use of leading data analytic techniques, our highly credentialed professionals provide an impartial means to establish truths, evaluate implications, identify appropriate remedial actions, submit restatements if necessary and communicate with regulators or outside auditors if needed for:

• Legal counsel
• Executives
• Audit and special committees

Computer-assisted fraud and other forms of technology-based misbehavior and malpractices generate losses for private and public sector organizations on a grand scale. This is because many of today's evidences are largely stored electronically on hard drives, mobile phones, PDAs, etc. Locating, extracting and analyzing these digital evidences requires customized equipment, specialized software, and professionals trained and experienced in the art of digital evidence recovery.
The aforementioned analysis allows for the most accurate reconstruction of events necessary for damage assessment and control.
KPMG team includes some of the best technical and IT experts, experienced incident managers, forensic specialists and lawyers.
We are offering an experience and expertise of a global company wuth offices in over 150 countries around the globe allowing for a prompt support and assistance in incident management for complex multinational systems.

KPMG offers:

• market analysis and assistance in entering a new segment/region/industry;
• competitive landscape analysis including competitors’ profile analysis;
• market development prospect analysis;
• benchmarking analysis for any data;
• background checks of contractor parties;
• client-specific research on request.

Our dedicated research team includes experienced market analysts as well as dedicated corporate intelligence specialists.
Our people experience in conjunction with access to a wide range of specialized tools and databases allows us to conduct a more careful and detailed collection of information resulting in a more precise and nuanced market analysis