Archive for the ‘KPMG’ Category

Infrastructure 100

July 16, 2012 Comments off

Infrastructure 100

Source: KPMG

Presenting the Infrastructure 100 – report on the most exciting infrastructure projects from around the world, as selected by independent judging panels due to their scale, complexity, innovation and impact on society.

KPMG’s Global Infrastructure practice, in conjunction with Infrastructure Journal, is pleased to present the Infrastructure 100 – a showcase of the most interesting infrastructure projects from around the world.

Of those 100 projects – all shortlisted for their scale, complexity, innovation and impact on society – 10 have been highlighted by the independent judging panels as notable projects in different infrastructure sectors.

They are:

  • Water – The Venice MOSE Flood Barrier, Italy;
  • Power – Green Power Express, USA;
  • Oil & Gas – Project Mthombo oil refinery, South Africa;
  • Renewable energy – Incheon Tidal Power Project, South Korea;
  • Rail – TAV high speed rail link, Brazil;
  • Roads – Hong Kong-Zhuhai-Macau bridge;
  • Other transport – Panama Canal extension, Panama;
  • Healthcare – CRCHUM P3 research centre, Canada;
  • Education – King Abdullah University of Science & Technology, Saudi Arabia;
  • Other Social Infrastructure – Greater Manchester Waste, UK.

The projects considered are at different stages of development. However, the judges were consistently impressed by the ambition which these projects demonstrate. They address major social concerns in a bold manner, despite huge engineering challenges.

Global Anti-Money Laundering Survey 2011

September 23, 2011 Comments off

Global Anti-Money Laundering Survey 2011
Source: KPMG

Our latest Anti-Money Laundering (AML) survey explores where AML fits into the changing risk and regulatory landscape facing the financial sector. It reports the views of the survey participants on their areas of focus and challenge, and also contains commentary from KPMG on what our client work in this space tells us.

The highlights of the survey include the following:

  • AML is still on the radar of many banks’ leadership, but is being squeezed by other priorities.
  • AML continues to be a significant and rising expense for banks, but many under-estimate how much it costs.
  • PEPs and sanctions are a major focus for banks and governments alike, however both are far from straightforward to get to grips with.
  • Transaction monitoring policies and systems are generally seen as satisfactory, but with plenty of room for improvement.
  • KYC data is generally collected and updated both robustly and regularly, but there is great variation in the approach used.

+ Full Report (PDF)

Hat tip: Mary Matuszak, New York County District Attorney’s Office


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