Ever-increasing white-collar crimes have become a threat to organisations in most business environments. Uncertain economic conditions and increasing business and technological complexities have made corporates highly vulnerable to fraud and corruption globally. With an increased cross-border trade, there is a need to meet the challenges of constantly changing regulatory environments.

At the same time, an increasing demand for transparency and accountability in the way organisations conduct business can be witnessed. The slightest miscalculation by the decision makers can affect the company’s profile and investors trust, thus, further increase the businesses vulnerabilities towards risks and threats.

In order to give a deep dive into compliance and forensic investigations in the Indo-German context and provide tips and trick on hand on how to meet regulations, GINSEP jointly with KPMG hosted a Masterclass on September, 18th.


The speakers gave an overview of important compliance regulations which was followed by insights in the Indo-German context from a perspective of different laws and consequences of non-compliance. In this regard, a special focus was on the importance of various tax and regulatory requirements in order to run a successful business model in India.

The Masterclass provided a basic understanding in respect of different forms of entities that can be chosen to set up a business in India with a comparative analysis to help make an informed decision for operating in India.

Forensic Investigation

This Masterclass, further, focused on understanding the evolving and complex corporate governance environment for startups in the Indo-German context. Speakers of the German and Indian KPMG member firms shared their insights on prevention and detection of corporate fraud and the investigation techniques to combat fraudulent activities that may take place in any organisation.

Key takeaways were

  • Understanding of fraud and compliance risks in the Indo-German context to safeguard long term business goals
  • Monitoring and managing staff to ensure transparency and eliminate breach of security
  • Third party risk management – compliance protocols
  • Essentials of a good anti-fraud and ethical compliance programme
  • Various benefits offered by the Indian Government for startups
  • Important compliance to be followed in India and the stringent consequences in case of non-compliance