Carol Falcinelli, a Partner with StoneTurn, has more than 25 years of experience in investigations and compliance controls and monitoring. Specifically, she has focused on risk assessments, regulatory engagement and compliance, M&A pre-acquisition due diligence and post-acquisition integration, anti-money laundering, economic sanctions and anti-corruption programs such as the Foreign Corrupt Practices Act (“FCPA”) and the U.K. Bribery Act.
During most of her career, Carol has focused on fraud investigations and risk management in the financial services industry; specifically, she served as a Chief Risk and Compliance Officer at Marsh LLC and is a former Manhattan white collar prosecutor.
As Chief Risk and Compliance Officer of the International Division at Marsh, Carol developed and implemented protocols to manage corruption, economic sanctions, money laundering, and data privacy and security risks across more than 100 countries. She also developed and implemented due diligence and integration protocols for M&A transactions in both mature and emerging markets.
Earlier in her career, Carol was the Chief Compliance Officer of Marsh’s U.S. & Canada Division, where she led the team responsible for compliance with and monitoring of insurance industry and other regulatory requirements. Prior to this role, she was in the Internal Review and Response Unit, where she conducted and supervised internal investigations across its operating companies.
Before joining Marsh, Carol was with the Office of the New York County District Attorney, where she served as the Senior Investigative Counsel of the Frauds Bureau. There, she led long-term investigations of complex, large-scale financial crimes including securities fraud, embezzlement and money laundering. In coordination with the U.S. Securities and Exchange Commission (“SEC”), she led the investigation that resulted in the dismantling of a notorious penny-stock firm.
Carol began her career with the Office of the New York County District Attorney in the Office of the Special Narcotics Prosecutor, where she served as Senior Trial Counsel and Senior Investigative Counsel.