Third-Party Risk Expansion
July 22, 2020
No Comments
What is third-party risk expansion and why is it a risk in compliance? Historically, people talked about simply an entity outside of your organization as
What is third-party risk expansion and why is it a risk in compliance? Historically, people talked about simply an entity outside of your organization as
One area that has bedeviled CCOs and compliance practitioners is how to determine the ROI for your compliance program regarding third-parties. While it is still
Auditing of third-parties is critical to any best practices compliance program and an important tool in operationalizing your compliance program. This is a key manner
The building blocks of any compliance program lay the foundations for a best practices compliance program. For instance, in the lifecycle management of third-parties, most
In a 2015 speech before the SIFMA Compliance and Legal Society New York Regional Seminar, former Assistant Attorney General Leslie Caldwell for the first time, laid
What is satisfactory due diligence under the FCPA? That question seems to be more important after the story on Unaoil S.A.M. and the subsequent release of
Due diligence is generally recognized in three levels, each of which is appropriate for a different level of corruption risk. The key is for you
Most companies fully understand the need to comply with the requirements around third-parties as they represent the greatest risks for bribery and corruption. However, most
The 2020 Update stated, “Prosecutors should also assess whether the company knows the business rationale for needing the third party in the transaction, and the
Must an investigator warn an employee that concealing information from company lawyers conducting an internal FCPA investigation could be a federal crime? Even if the
