Partner & Regulatory Enforcement Services Leader
Darren Tapp is a U.S. Partner in PwC’s Forensic Services practice and leads the Regulatory Enforcement services team. He brings over 25 years of experience working with attorneys, audit committees, and company personnel in the areas of regulatory compliance with export controls and trade sanctions/embargo laws and regulations; anti-bribery compliance; anti-competition compliance; and other regulatory compliance-related matters.
Mr. Tapp has led and participated in numerous global investigative and regulatory compliance assessment projects related to: Arms Export Control Act (AECA) and International Traffic in Arms Regulations (ITAR), Export Administration Regulations (EAR) and Office of Foreign Assets Control (OFAC) administered sanction/embargo laws; US Foreign Corrupt Practices Act (FCPA) and UK Bribery Act 2010 compliance; US Securities & Exchange Commission (SEC) registrant financial reporting frauds; senior management and other employee embezzlements; and other corruption related matters, both in the US and internationally. He has assisted clients with respect to reporting and disclosure requirements in connection with the discovery of fraud and/or corruption and provided testimony to the SEC. From this experience, Mr. Tapp also assists clients with developing and implementing regulatory compliance programs in connection with plans to remediate identified compliance gaps from leading industry practices, focusing specifically on process, technology and internal control enhancements.
Selected experience of Mr. Tapp in this area include:
- Investigated allegations of inappropriate shipments of EU and US export controlled goods by a European multinational company to customers within certain “sanctioned” countries.
- On behalf of a US Fortune 500 industrial product company, led a post-acquisition export control and sanction/embargo law compliance assessment at one of its European business units, including a review of transactions pre and post-acquisition with parties from sanctioned countries. Conducted export control and sanctions/embargo law compliance due diligence on the Middle Eastern operations of a European multinational company on behalf of a global electronic components distributor, including the review and analysis of all programs, processes and controls of the target and the assessment of associated noncompliance risk.
Mr. Tapp also has significant international experience as a result o