FTI Consulting, Inc. announced the addition of Senior Managing Director Kyran McCarthy to the firm's Forensic and Litigation Consulting segment in Hong Kong to establish and grow the firm's Asia Managed Services offering. Organizations in Asia, faced with increasing regulatory pressures, are turning to managed services as a means to outsource operational processes to a third party to improve efficiencies within their organization, reduce direct costs, improve risk management and free up teams to focus on business core competencies. Mr. McCarthy will help establish a Managed Services offering primarily focused on assisting clients with financial crime compliance, third-party risk management and export controls, sanctions and trade regulation.

Prior to joining FTI Consulting, Mr. McCarthy was a senior partner in the forensic advisory services practice at a Big Four accounting firm and was the head of Asia Pacific AML & Sanctions, where he was responsible for helping to build the financial crime compliance and managed services offering in Asia, with a particular focus on China. During his career, Mr. McCarthy has led major global and regional AML and sanctions advisory and investigation engagements for financial institutions and regulators. He has also led multiple due diligence exercises on large IPO and M&A transactions in China and Hong Kong.

Mr. McCarthy frequently speaks on AML, sanctions, bribery and corruption risks at regional conferences, and he conducts training for global financial institutions and regulators throughout Asia. He is also the Co-Chairman of the Association of Certified Anti-Money Laundering Specialists ("ACAMS") Hong Kong Chapter, which is one of the fastest-growing ACAMS chapters in the world.