"Remedial Due Diligence": Handling third party backlogs


A common challenge for companies getting up to speed on their FCPA due diligence programs relates to addressing their current business relationships. Even if a company has implemented procedures to vet new partners going forward, it still must vet the “backlog” of current partners (a process also known as “remedial due diligence”). The is particularly challenging for companies that use thousands of third parties. This article offers tips to handle the backlog.

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Published In: Business Organization Updates, Criminal Law Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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