You have to know who you’re in business with. But regulators expect due diligence efforts to be commensurate with the risks. So how do you know what level of due diligence to apply? And to which relationships?
Kroll's new 3rd Party Risk Assessor provides companies with a cost-effective way to determine which third parties present the highest level of corruption risk to their organizations. This anti-bribery and corruption solution enables businesses across all industries to assess the risks posed by their global business relationships (including suppliers, distributors, advisors, brokers, agents and joint-venture partners) to inform future due diligence efforts.