Is your organisation aware of all the areas of integrity risks they might face when dealing with third parties?
Whether you do business in technology, automotive, healthcare, extractives, heavy manufacturing, consumer goods or any other corporate sector, your third parties are considered an extension of your company. Therefore, it is in your company’s best interest to build a strong third-party risk management programme.
The regulatory and reputational risks of onboarding third parties engaged in corruption are greater every day. Furthermore, the recent unprecedented sanctions emphasize the need to have an effective sanctions screening programme to ensure that your company and third parties are not engaging with sanctioned entities or individuals.
In the first webinar of our monthly series, we took a look at sanctions, bribery and corruption and other integrity risks when dealing with third parties. We had a close look at how to strengthen your third-party risk programme to ensure that you fully understand your exposure to both direct and indirect sanctions and you take the steps needed to protect yourselves against the risk of non-compliance.
Access the webinar recording to hear our speakers discuss about:
- Corruptions and sanctions in the ESG age
- The role of corporations in the context of major events
- Sanction regimes: how they have evolved and reached a crisis point
- The potential full impact of direct and indirect sanctions on corporate organisations and global supply chains