Independent Monitoring & Independent Consulting
Practice Areas
Financial Services Litigation & Regulation
Strategic Discovery & Information Management
Looking Forward
Regulators will continue to require independent monitors and independent consultants as part of their settlements in situations where the regulatory authority requires assurance that the settling party will implement remedial measures and regularly monitor for their operational effectiveness and compliance. The continuing trend is for settling parties to achieve reasonable compliance, through their own efforts or those of an independent third party, before entering into the actual settlement so that settling parties receive credit for effective remediation as part of the settlement terms.