There is widespread confusion and misinformation regarding how to best meet regulatory expectations. One clearly accepted standard, which U.S. regulators continually reaffirm, is the need for risk-based third-party due diligence.
What factors should your company consider when risk-rating third parties? Compliance departments need to determine when Global Database Checks are appropriate, and how they should be best used to supplement your risk-based due diligence program.
Download the factsheet “Global Database Checks and Risk-Based Compliance” to learn more.