- March 27, 2014
- No comments
- Anticorruption, Assurance, Illustrations, Third Party Management Illustrated Series
Managing third parties for bribery and corruption risk requires a consistent, technology supported approach to assessing risk, conducting due diligence and analysis, delivering training, invoking controls, ongoing monitoring, and periodic re-evaluation. A consistent method to risk score each relationship and a book of record for each third party ensures a systemic understanding of relevant information and a well documented audit trail.