Our third-party risk management services are designed to assist clients in identifying and prioritizing higher risk business relationships, implementing and enhancing overall due diligence processes and protocols as well as performing customised integrity due diligence on third parties based on varying levels of risk.
Our approach to helping organisations address third-party risk is informed by and responsive to a variety of globalisation issues, as well as regulatory compliance-drivers, including the U.S. Foreign Corrupt Practices Act (FCPA), the UK Anti-Bribery Act, anti-money laundering provisions of the USA PATRIOT Act, securities and exchange regulations, as well as consumer and data protection regulations globally.
Failure to adequately assess agents, distributors, consultants, business partners, logistics intermediaries and other third-party intermediaries (TPIs) to identify how they operate and the individuals standing behind the organisation can expose businesses to reputational damage, operational risk, and government investigations as well, as significant monetary penalties and potential criminal liability.
Does your organisation:
- Adequately manage the risks of increasing globalisation and dependencies on distant and and often unfamiliar business partners and vendors
- Struggle with the increasing complexity of supply and distribution channels
- Need help assessing reputational, regulatory and jurisdictional risk