Legislation such as the Foreign Corrupt Practices Act (FCPA) in the US and the Bribery Act in the UK say that even if a company doesn’t know about a bribe or other corrupt activity, it is still liable, but having adequate procedures can be a mitigating factor.

Implementation of a Third Party Risk Management program requires initial and ongoing due diligence of Third Party suppliers, sub-suppliers, distributers etc., as well as on-going auditing and monitoring of companies’ Third Party Vendors.

We can assist by providing the following services:

• Development and Implementations of Anti-Bribery Anti-Corruption Program including Due Diligence, Recommendations for mitigation
• Development of Policies and Procedures regarding Interactions with Third Parties
• Auditing and Monitoring of Third Party relationships to evaluate compliance with Organizations Policies, Procedures and relevant regulations