The essential requirement of third-party due diligence is to know one’s partner, including the commercial and political environments surrounding them. In operational terms, this means making appropriate inquiries and taking the necessary steps to determine whether an organization’s existing or prospective third parties are trustworthy, ethical and can be reasonably expected to refrain from corruption. When the third party is in a high-risk country what should you do, or rather what should you not do, to protect your company?
1.5 hrs CPE - Finance; 1.5 hrs CE
Gain an understanding of third party high risk country due diligence.