Global transactions and regulatory enforcement increasingly compel companies to examine their business relationships in order to assess risk, undertake informed negotiations and comply with regulatory mandates.
Our third-party risk management services are designed to assist clients in identifying and prioritizing higher risk business relationships, implementing and enhancing overall due diligence processes and protocols as well as performing customized integrity due diligence on third parties based on varying levels of risk.
Clients can have the additional benefit of an objective and independent perspective from an established global network of member firms that includes more than 2,500 forensic professionals. Our approach to helping organizations address third-party risk is informed by and responsive to a variety of globalization issues as well as regulatory compliance-drivers, including the U.S. Foreign Corrupt Practices Act (FCPA), the UK Anti-Briberty Act, anti-money laundering provisions of the USA PATRIOT Act, securities and exchange regulations, as well as consumer and data protection regulations globally.
Failure to adequately assess agents, distributors, consultants, business partners, logistics intermediaries and other third-party intermediaries (TPIs) to identify how they operate and the individuals standing behind the organization can expose businesses to reputational damage, operational risk, and government investigations as well as significant monetary penalties and potential criminal liability.
Does your organization:
- Adequately manage the risks of increasing globalization and dependencies on distant and and often unfamiliar business partners and vendors
- Struggle with the increasing complexity of supply and distribution channels
- Need help assessing reputational, regulatory and jurisdictional risk