What's Happening?
KPMG US has announced the hiring of Teresa Halpin and Rick Lawlor as tax directors in its trade and customs practice. Both Halpin and Lawlor join from the trade regulatory audit division within US Customs
and Border Protection (CBP), bringing extensive experience in trade enforcement operations and audits. Halpin, based in New York, has over 36 years of experience, while Lawlor, based in Philadelphia, has over 33 years. Their expertise is expected to be invaluable in helping KPMG's clients navigate potential controversies amid increased enforcement by CBP and the Department of Justice.
Why It's Important?
The addition of Halpin and Lawlor to KPMG's team is significant as it strengthens the firm's capabilities in trade and customs, a critical area given the current regulatory environment. With increased enforcement actions anticipated from CBP and DOJ, businesses will require expert guidance to manage compliance and avoid potential legal issues. This move positions KPMG to better support its clients in mitigating risks associated with trade regulations, thereby enhancing its service offerings and competitive edge in the market.
