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Best Practices in Third Party Risk Management
Patrick Wellens, Compliance Bus Partner Consumer Health, Bayer Consumer Care AG.
April 28, 2021
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Key Challenges/opportunities when implementing a third party due diligence system
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Project (implementation) team
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Project scope
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Integration with other systems
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Escalation and extended risk assessments
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Supplier questionnaires vs external databases
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Ownership of third party risk
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