What's Happening?
KPMG US has announced the addition of Teresa Halpin and Rick Lawlor as tax directors in its trade and customs practice. Both directors bring extensive experience from their previous roles within the U.S. Customs and Border Protection's trade regulatory
audit division. Halpin, based in New York, and Lawlor, based in Philadelphia, will enhance KPMG's capabilities in managing trade enforcement operations and addressing priority trade issues. Their appointments come as KPMG anticipates increased enforcement by the CBP and DOJ, positioning the firm to better support clients in navigating potential trade controversies.
Why It's Important?
The hiring of Halpin and Lawlor underscores KPMG's commitment to strengthening its trade and customs practice amid a complex regulatory environment. As global trade dynamics evolve, businesses face heightened scrutiny and enforcement actions, making expertise in trade compliance and enforcement critical. KPMG's strategic appointments aim to provide clients with the necessary guidance to manage trade-related challenges effectively. This move reflects broader trends in the consulting industry, where firms are increasingly focusing on specialized expertise to address client needs in a rapidly changing regulatory landscape.
