It is important to remember that when a vendor performs a service or function, your organization bears ultimate responsibility for compliance. Vendors must follow laws, regulations, and rules passed down by regulatory bodies an institution’s own internal policies. Failure to meet compliance standards can result in enforcement actions, harsh fines, and a major blow to your company’s reputation. So how do you keep up with the changing regulatory landscape and new mandates to keep your company safe?
Download ProcessUnity’s guide to the most common regulations impacting vendor risk management and how to remain above board to ensure compliance. This paper explores a variety of regulatory and risk areas to be aware of in the context of third-party relationships. A few of these include:
- Operational Resiliency
- Anti-Bribery & Corruption
- Information Security
- Data Privacy/Protection
- Modern Slavery & Human Rights
Read our guide today and look at the most prevalent regulations facing organizations.
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The ProcessUnity Team