Worldwide, regulators and lawmakers continue to increase the pressure on companies to improve their third party risk management programs and practices. Despite rapidly increasing program maturity, the amount of pressure on companies and practitioners isn’t decreasing. Understanding what regulators and lawmakers are focused on now-and why-will help your company stay out of the line of fire.
Topics covered in this session included:
- The importance of material sub-contractor relationships
- Why concentration risk matters
- How to identify “non-vendor” third parties
- How to monitor critical relationships
Categories: 2016 Spring - Orlando, Summit Presentations
SRC Type: Risk Management, Sourcing Management