Third Party Due diligence
Build an efficient Third Party Due Diligence Plan aligned with local and international regulations.
1. Your needs
- Comply with local and international regulations related to third parties
- Ensure best level of ethics & compliance among your company’s third parties in line with your own ethics & compliance vision and reputation
- Mitigate business risks related to engaged third parties being sanctioned
2. Our solutions
- Identifying and classifying all company’s third parties in order to set a priority group for the process implementation
- Defining rules, assessment criteria, tasks ownership and screening tools usage related to documentation and information collection and analysis
- Designing and drafting processes related to third parties retention/exclusion decision and to documentation conservation
- Setting both preventive actions to raise awareness of your third parties and mitigate risks and a control of assessment plan
- Developing project management capability to manage all functions and expertise involved in the third party due diligence process
3. Our deliverables
- Third parties mapping and prioritization
- Documentation collection and information screening/analysis plan
- Third parties retention/exclusion decision-making and archiving process
- Prevention and control of assessment plan