Tagged: Third Party Risk Management

Third Party Risk Management Not Just Due Diligence

The term “due diligence” is an overused expression in the compliance world. It has become a term to mean heightened concern or investigation. No one can really define what it means except to say it has different meanings in different contexts. Some would say it is a term of art in the legal and compliance world. It is misleading to add the term “investigation” to...

Third Party Risk Management: Balancing Due Diligence Screening and Monitoring

In response to aggressive FCPA enforcement and recurring problems with third parties, companies have spent substantial resources and time to design and implement comprehensive ethics and compliance programs. A key part of this effort was to implement robust due diligence programs to screen and identify potential risks created by third party intermediaries. Hui Chen, DOJ Compliance Counsel, called 2015 “The Year of Due Diligence.” Many...

Silicon Valley: Third Party Risk Management Seminar — November 5, 2015

NAVEX Global, Regulatory Data Corporation, and The Volkov Law Group invite you to attend a half-day meeting to discuss Third Party Risk Management: New and Innovative Strategies, on November 5, 2015, 12:30 pm to 6 pm in Silicon Valley. Please Sign Up HERE.  We look forward to seeing you at the meeting. The half-day forum will bring together senior ethics and compliance professionals for a...