AMSTERDAM—Ethics matters more in Europe.
I came to that conclusion after spending a week in London and Amsterdam, talking to nearly two dozen compliance, ethics, and audit executives about their approaches to third-party risks. In many ways their concerns were the same that I hear in the United States: lack of visibility into the supply chain; leaders of local business units who don’t want to bother with compliance; IT systems that can’t track the vast number of third parties that typically churn through the modern global enterprise. Nothing new there.

