Jump to ContentJump to Main Navigation
From Baksheesh to BriberyUnderstanding the Global Fight Against Corruption and Graft$
Users without a subscription are not able to see the full content.

T. Markus Funk and Andrew S. Boutros

Print publication date: 2019

Print ISBN-13: 9780190232399

Published to Oxford Scholarship Online: May 2019

DOI: 10.1093/oso/9780190232399.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 15 December 2019

Global Developments in, and Evolution of, Third-Party Due Diligence

Global Developments in, and Evolution of, Third-Party Due Diligence

Chapter:
(p.571) 21 Global Developments in, and Evolution of, Third-Party Due Diligence
Source:
From Baksheesh to Bribery
Author(s):

Andrew Boutros

Publisher:
Oxford University Press
DOI:10.1093/oso/9780190232399.003.0021

Third-party due diligence is a critical element in any anti-bribery compliance program. This chapter discusses the risks posed by the use of third-party agents and intermediaries and how those risks can be assessed, documented, and mitigated. It reviews best practices and procedures covering the full span of third-party interaction, from the initial selection through any potential termination. It includes an in-depth presentation of techniques and procedures for internal and external review, in varying intensity to suit the range of possible risk. With an awareness of common pitfalls and an attention to cost concerns, this chapter provides a thorough and practical overview for any company seeking to meet its ethical and legal obligations under transnational anti-bribery law.

Keywords:   due diligence, risk assessment, third-party management, anti-bribery law, FCPA, compliance

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .