Business justification for the use of third parties
Why is business justification for third parties so important? With the Department of Justice, Securities and Exchange Commission, and Internal Revenue Service all seeking such justification, companies should definitely make it part of the compliance process.
Related articles
-
SurveyCW survey finds compliance teams struggling to scale due diligence beyond direct vendors
Companies are tightening oversight of third-party risks but still struggle to extend due diligence beyond their direct partners, according to a new survey by Compliance Week and GAN Integrity.
-
ArticleFormer Credit Suisse compliance officer charged with money laundering
A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to maintain adequate controls.
-
OpinionWrite supply chain resilience into the contract
The only thing constant is change. Shouldn’t we be ready for that in our contracts?