A FINANCIAL CRIME AND DISPUTES UNIT has been established by Grant Thornton, the firm has announced.
The team will work alongside the firm's financial services advisory group and will look to mitigate, respond and remedy issues relating to financial crime and complex disputes in the global financial services sector.
Grant Thornton added further investments in international capabilities are planned over the coming months.
The unit will advise clients managing civil, regulatory and criminal issues in both domestic and international operations.
Partner and head of financial crime and disputes Marcus McCaffrey said: "Financial crime remains one of the key agenda points for regulators, enforcement agencies and financial institutions across the world. The increasing pressure of regulation and enforcement, set against a dynamically changing financial services market, means that all manner of financial institutions - and many other industry sectors too - are exposed to financial crime risk."
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