I just returned from the second annual Third Party Risk Management and Oversight Summit hosted by Financial Risk Associates and Compliance Week. It was an unusual event, which The Man From FCPA can heartily recommend to all anti-corruption practitioners when it is offered in the future. As the title indicated, the two-day event focused solely on third-party risk management. The panelists and speakers were largely drawn from companies and consisted mainly of compliance practitionersโ€”with a sprinkling of regulators and smattering of lawyersโ€”but even most of the legal-eagle types were in-house counsel assigned to work on or with corporate third-party risk management teams.

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...