Business Performance Group

Any person or company not employed by your organization is considered a "third party" — but third parties in a foreign country often come with a variety of unknowns, such as background, language, and social or business cultures.

Good business, global regulations and necessary levels of awareness all dictate you find out everything you can about third parties before you do business with them.

Learning all you need to know about the third parties you've secured to help you with your business needs abroad — due diligence — can be daunting. Dealing with Third Parties, looks at what due diligence really means and how to handle the things that are expected and required of you. This program will help you mitigate risk and strengthen your defense against fraud, bribery and corruption by educating your employees on detecting and reporting wrongdoings.

Key Training Points:

• Identify examples of third parties
• Recognize potential compliance risks from third-party activity
• Grasp the importance of due diligence
• Understand six key components of third-party due diligence
• Identify four problem area categories and specific red flags

Product type: DVD

Video length: 13 Minutes

Available languages: English