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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aly McDevitt2023-11-09T16:00:00
Implementing a risk-based approach to third-party due diligence offers several advantages: It frees up compliance resources to be deployed efficiently and helps organizations meet the expectations of regulators.
To an audience of risk and compliance practitioners, this argument is an easy sell. The why is clear. The how, less so.
A panel of experts broke down the nuts and bolts of integrating a risk-ranking strategy and tailored approach to third-party due diligence at Compliance Week’s virtual Third-Party Risk Management and Oversight Summit on Monday. Two compliance professionals and a data privacy analyst broached the topic from various angles: integration, categorization, and troubleshooting.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
2024-05-08T15:48:00Z By Jeff Dale
Identifying critical measures for third-party risk management has become vitally important as risk professionals face an uphill battle in fighting for resources, experts discussed at Compliance Week’s 2024 National Conference.
2024-04-11T20:38:00Z By Aaron Nicodemus
There is no magic wand compliance professionals can wave to promote a strong risk culture within their organizations, experts discussed at Compliance Week’s 2024 National Conference.
2023-12-11T15:30:00Z By Kyle Brasseur
Managing directors at KPMG share how firms are making strides in building robust third-party risk management programs for the future.
2024-06-28T19:30:00Z By Jeff Dale
A Bank of England report warned of private equity risk management deficiencies as interest rates remain stagnant, with international coordination important.
2024-06-20T15:40:00Z By Aaron Nicodemus
Compliance departments at financial institutions must become more involved in ensuring their firm’s operational resiliency to address emerging risks, the Treasury Department’s Office of the Comptroller of the Currency said in its semi-annual risk perspective.
2024-06-07T22:34:00Z By Adrianne Appel
Compliance has been “sleeping on” artificial intelligence, two panelists discussed at Compliance Week’s Women in Compliance Summit. The profession should be positioned to lead on AI governance at the business level.
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