WHEN IT COMES TO THIRD-PARTY DUE DILIGENCE, ALL THINGS ARE NOT CREATED EQUAL.
A Systematic Risk Inventory Comes First.
Right-Size Your FCPA Compliance Program for Consistency, Credibility and Cost-Effectiveness.

Robust compliance with FCPA and other international anti-corruption conventions generally comprises several critical components. Establishing a corporate anti-corruption and anti-bribery policy is of course primary. Training and implementing that policy across the enterprise with meaningful education, internal communication and enforcement are also key. But there is a third leg to the stool – one that often paralyzes companies: Third-Party Due Diligence.

You’ve got corporate sponsorship and internal champions.

You know that solid compliance offers a significant return on investment by:
• Reducing exposure to corruption
• Preventing regulatory fines
• Protecting against erosion of reputation and morale

But exactly how do you get started on the third-party due diligence component? What is entailed? How many third parties do you need to vet? And to what degree? How do you establish levels of risk exposure and cost-effectively focus resources on the highest risks?

STEELE’s white paper, “Defining the Playing Field: Your Company’s Risk-Based Inventory for Anti-Corruption Due Diligence Compliance,” delineates the roadmap for a consistent, programmatic approach to vetting global intermediaries, starting with the critical risk inventory on which any cost-effective, efficient and credible program is based.

Written especially for legal and compliance decision-makers, this paper highlights pragmatic and cost-effective tactics for defining and executing a comprehensive, consistent due diligence program to meet regulatory standards and protect your company’s integrity, both financial and reputational.

Third-party vetting is not only smart business. It’s the law. And it’s manageable. Download STEELE’s whitepaper to find out how.

 

 

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