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At a Glance

Course length: 
Course type:
Full Length Course
Conduct Training
All Learners
Third Party Due Diligence
Vector Animation

Putting trust in the hands of third parties is a potential risk for any organization. However, there are guidelines and best practices that can help mitigate that risk to ensure a more productive and harmonious relationship. This course gives key guidance to learners who work with third parties. The course identifies potential pitfalls of working with third parties, but also provides best practices for conducting due diligence, protecting confidential information, and combating corruption.

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Course Details

  • All Learners
All Learners

Key concepts covered in this course:

  • Risks associated with third parties
  • Third party obligations and examples of improper third party activity
  • The importance of ensuring third party compliance with data privacy law and policy
  • Potential consequences of third party data breaches
  • Following all initial due diligence protocols before contracting with a third party
  • Key evaluation strategies for assessing third parties, third party transactions, and subcontractors
  • The importance of ongoing management and relationship review
  • The consequences of bribery and corruption
  • Warning signs of possible corruption

Reinforce this topic with these two micro learning courses

Get two FREE micro learning courses with the purchase of this full length course. NAVEX Global suggests these courses that pair well:

Third Parties

Addresses issues related to dealing with third parties, including the need to follow through on due diligence responsibilities and minimize risks associated with data security, bribery and other misconduct when hiring and managing third-parties.

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Third Party Risk Management: Anti-Corruption Basics

Specifically designed for third-party business partners to introduce them to the basics of anti-corruption laws. Covers concepts such as the roles and responsibilities of third parties, the application of law and policy to third parties, the obligation to conduct all business with integrity and in compliance with all applicable laws and the organization’s policies, and the rules against engaging in commercial bribery.

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