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5 Steps to Managing Third Party Corruption Risk

White Paper Published By: CEB
CEB
Published:  Dec 09, 2013
Type:  White Paper
Length:  12 pages

Most multinational companies are workign hard to improve their third-party due diligence and monitoring processes. Yet ever-increasing enforcement of the Foreign Corrupt Practices Act (FCPA), coupled with the enactment of the UK Bribery Act, makes navigating the anticorruption regulatory landscape more difficult for companies engaging with third parties now more than ever before.

This guide is designed to break down the complex challenge of mitigating third-party corruption risk into manageable components. Based on hundreds of member conversations and extensive research, we believe that successful companies conduct third party due diligence in five key phases.



Tags : 
corruption risk, managing risk, compliance, risk, anticorruption, third-party corruption