online event
Navigating complexities of third-party risk: Strategies for due diligence in a globalised economy
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Looking for information on how to manage risk when selling overseas? We'll be covering strategies on how to understand the global risk landscape and also how you can mitigate these risks.
What you’ll learn
- understand the global risk landscape
- develop practical due diligence strategies
- recognise and respond to potential third-party misconduct
Description
Did you know that over half of all companies selling overseas report challenges in meeting varying legal, regulatory, and cultural standards when dealing with third parties. Compliance with laws like the UK Bribery Act, FCPA, and EU transparency regulations is critical to avoiding legal and reputational harm for your business.
Join us to gain critical insights into effectively managing third-party risks in an increasingly complex global landscape.
We will cover practical strategies for conducting due diligence, identifying and addressing red flags, and understanding key compliance obligations such as the UK Bribery Act and FCPA. Topics we'll be delving into cover: the risks associated with third-party relationships, including geographic, contractual, and public sector risks; and how these can impact legal, financial, and reputational outcomes.
You will leave equipped with actionable tools to mitigate legal, financial, and reputational risks, empowering you to make informed decisions and protect your organisation in high-risk scenarios.
Speakers
Graham Welland
CEO, GWCI
With more than 30 years’ experience of working with regulators and auditors in highly regulated industries. Graham has seen first-hand the hugely negative impact on costs and reputation that an ill-considered approach to risk and compliance can cause.
Poorly understood supply chains, illegal labour, failure to develop basic regulatory frameworks and the general psyche of businesses to understand the need for a better understanding of who they work with prompted him to launch GWCI, a risk and compliance consultancy in 2017.
To date the business has provided services in over 140 countries.