Really getting to know your third parties
This white paper looks at how you can protect your business reputation in an increasingly complex world of third-party corporate compliance.
Trade is no longer purely transactional, and you need to understand who your third parties are – whether they’re customers, suppliers, agents, distributors or joint-venture business partners. A major challenge is establishing who ultimately owns and controls these third parties; individuals and companies on sanction lists can be obscured behind complex ownership structures. And a lack of transparency would not protect your reputation.
Addressing this central issue in detail, the white paper also considers:
- How to plug your third-party knowledge gaps
- Gathering corporate ownership data
- Technology that has emerged to address your business challenges