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31 Days to a More Effective Compliance Program – Risk ranking in the Supply Chain | Thomas Fox

You need to risk rank the third-parties which your supply chain might engage with for FCPA exposure. It should be based on your company’s experience and risk going forward. As with all other third-party risk management issues, you must “Document, Document, and Document”.

Three key takeaways:

Risk rank your supply chain based on well-conceived See more +

You need to risk rank the third-parties which your supply chain might engage with for FCPA exposure. It should be based on your company’s experience and risk going forward. As with all other third-party risk management issues, you must “Document, Document, and Document”.

Three key takeaways:

Risk rank your supply chain based on well-conceived strata.

Consider not only the compliance risk but also your business risk.

Only manage those suppliers which present a corruption risk. See less –

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