Balancing third party risk and return | KPMG | AU

Balancing third party risk and return

Balancing third party risk and return

A company’s use of third parties does not diminish the responsibility of its board.


Partner in Charge, Risk Consulting

KPMG Australia


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Boardroom table with chairs

This paper focuses on the types of risks incurred by third parties, the potential benefits and consequences, and actions boards can take to mitigate those risks.

Key questions for boards

  • What are the types of potential risks incurred by third parties?
  • What are the potential benefits and consequences for the organisation?
  • What questions should boards ask senior management?
  • What actions can boards take?

Boardroom Questions

This series captures some of the key issues for boards today, the questions board members should ask and actions they can take to address them.

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