With an increasing number of third parties
performing new-in-kind and noncore services for organizations, material risks cannot always be identified prior to the start of a business relationship.
While engaging with overseas third parties
may be a necessity, it also potentially increases a company's exposure to corruption.
It is important to thoroughly investigate third parties
before beginning a relationship, but monitoring them after initiating such a relationship requires equal effort and resources.
Consequently, third parties
that participated in federal elections between 1984 and 1997 faced no spending restrictions.
At the beginning of the development, Clara doesn't intend to develop the website software for commercial sale, lease, license, or to be otherwise marketed to third parties
or to enable Clara to interact with third parties
or to allow third parties
to initiate functions or review data on Clara's system.
While respondents did not believe their organizations were vulnerable to an attack through third parties
, 56% had strong concerns about their ability to control and/or secure their own third-party access.
According to the company, KY3P is the first centralised, data hub created in partnership with banks, buy side firms and third parties
. The patent-pending service simplifies and standardises third party risk management processes focusing on vendor due diligence and ongoing monitoring.
MORTGAGE LENDERS AND SERVICERS USE A LOT OF THIRD PARTIES
to run their business.
Dulay-Archog of Baguio City RTC Branch against the Camp John Hay developer and the third parties
occupying the leased property.
For global enterprises, compliance with anti-corruption laws in the United States and other countries is not just a matter of employees abiding by these laws -- multinationals can have many thousands of relationships with vendors, distributors, contractors, agents, and other third parties
. Malfeasance on the part of any of these parties could lead to potentially severe legal, financial and reputational consequences.
political system makes it difficult for third parties
to hold elected office given the Electoral College system of electing presidents and election of members of Congress from individual states and districts based on the candidate getting the most votes.
However, its overwhelming success is not necessarily commercially good for the industry because most of the profit is sucked by the third parties
, with their charges being sometimes three times more expensive then GDS," he added.