Independent Monitorships

Our team serves as a trusted partner to clients who are the subject of government-imposed monitorships or self-appointed by companies on a proactive basis. Our efforts encompass a thorough review of existing compliance policies and procedures to identify and remediate problematic gaps; interviews with stakeholders to understand key issues; detailed lookbacks to assess prior transactions and identify problematic areas; industry-specific risk assessments; and the implementation of transparency in reporting.

Organizations turn to CRA when they need independent monitoring of their information security and privacy-related settlement agreements.  Our team is experienced with leading information security and privacy frameworks, as well as key regulatory and HIPAA guidelines. We work collaboratively with relevant client functional areas – such as Information Technology, Information Security, Legal, Compliance, Communications, and Privacy – to ensure that our testing is conducted efficiently and effectively, while remaining independent. We help clients comply with the terms of their settlement agreements, including strengthening the efficacy of their information security and privacy programs and enhancing their culture of compliance, while reporting out as required to applicable federal or state regulators.

Healthcare providers and life sciences organizations turn to CRA when they need monitorship assistance to independently assess and report out on compliance with Corporate Integrity Agreements and other settlement agreements.   Our cross-trained team of professionals combines deep healthcare and life sciences industry knowledge with expertise in medical and dental coding and billing, financial accounting, cybersecurity, privacy, digital forensics, and valuation, to deliver thorough and pragmatic monitorship assistance.  We frequently leverage our network of experienced life sciences specialists to address important issues around medical necessity and standards of care.

Our team assists receivers, examiners, and trustees by helping to secure, value, and monetize complex financial instruments and other assets; forensically analyze books and records to understand the nature and extent of any misconduct;  validate or recreate books and records; perform asset tracing; secure emails, structured databases, and other digital evidence; perform analyses of customer investments and asset allocations; quantify potential claims against third parties; and assist with the development and implementation of distribution plans. We typically work closely with federal and state regulators, as applicable, and members of law enforcement.

Financial institutions and other regulated entities turn to CRA for independent AML (anti-money laundering) lookback and compliance support—particularly in response to regulatory inquiries, enforcement actions, and settlement agreements. Our cross-disciplinary team combines deep industry knowledge with specialized expertise in forensic accounting, transaction analysis, data analytics, regulatory compliance, and digital forensics to conduct thorough, defensible AML reviews and lookbacks.

We work closely with legal counsel and stakeholders to assess historical activity, identify potential violations, and deliver actionable insights. Our professionals frequently collaborate with experienced AML and financial crime experts to confirm that findings align with evolving regulatory expectations and industry-leading practices.