News & Analysis as of

Supply Chain Risk Assessment Suppliers

NAVEX

[Webinar] Rethinking Risk – Supplier Evaluation Before and After Onboarding - August 12th, 10:00 am - 10:45 am PDT

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Learn how to build a more agile, informed and resilient supply base by embedding supplier risk frameworks across the onboarding process and beyond....more

NAVEX

[Webinar] Global Supply Chain Risk – How well do you know your vendors? - November 13th, 10:00 am - 10:45 am PST

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Uncover hidden vulnerabilities and protect your business. In today’s interconnected world, supply chain disruptions can severely impact your business. Are you confident in your supply chain’s resilience? Do you fully...more

Fox Rothschild LLP

The Future of DOD Cybersecurity Is Here – The CMMC 2.0 Proposed Rule

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On August 15, 2024, the Department of Defense (DOD) announced the much-anticipated Proposed Rule that would amend the Defense Federal Acquisition Regulation Supplement (DFARS) to include Cybersecurity Maturity Model...more

Society of Corporate Compliance and Ethics...

Third-party due diligence: Are supplier questionnaire(s) the answer?

Numerous laws (U.K. Bribery Act guidance document, German Supply Chain Act, Foreign Corrupt Practices Act resource guide, OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and...more

Wiley Rein LLP

DOD Issues Final Rule Regarding Use of SPRS Assessments in Procurement

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WHAT: The U.S. Department of Defense (DOD) issued a final rule that requires contracting officers to consider Supplier Performance Risk System (SPRS) risk assessments when evaluating contractors’ proposals and quotes and when...more

Society of Corporate Compliance and Ethics...

Rethinking bribery

CEP Magazine (March 2022) - In November 2021, the Organisation for Economic Co-operation and Development (OECD) issued a significant update to its guidance on combating bribery of foreign public officials, replacing its...more

NAVEX

3 Ways to Protect Your Supply Chain from Coronavirus Mayhem

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The more things change, the more things stay the same. As risk and compliance matures as an industry, we sometimes forget the foundational best-practices that our programs are built upon. This Friday, we revisit a post from...more

NAVEX

4 Things to Know About Updated NIST 800-53 Standards

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[author: Matt Kelly] In September 2020 the National Institute of Standards and Technology (NIST) unveiled the fifth version of its cybersecurity standard formally known as SP 800-53, “Security and Privacy Controls for...more

NAVEX

Leveraging Due Diligence To Strengthen Supply Chain Risk Management

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Better management of supply chain risk is a top priority for corporations these days. That should be no surprise to compliance officers. Supply chains are longer and more complex, with more third parties participating in...more

Society of Corporate Compliance and Ethics...

Vetting suppliers during a pandemic

Report on Supply Chain Compliance 3, no. 18 (September 17, 2020) - How does an organization conduct due diligence on vendors during a pandemic? It’s a question that supply chain professionals are asking more often these...more

Hogan Lovells

NHS medicine and device suppliers urged to carry out supply chain coronavirus risk assessment

Hogan Lovells on

At the end of last week, the World Health Organisation (WHO) upgraded the global risk assessment of the novel coronavirus to "very high." This comes shortly after the United Kingdom saw its first fatality as a result of...more

BCLP

Coronavirus and Distress – Do Your Contracts’ Force Majeure Clauses Cover You, Harm You, Mitigate Your Distress, Exacerbate Your...

BCLP on

While no one can reliably predict the outcome, spread, or duration of the coronavirus outbreak, or its tragic human toll, its current effects on Asian and international supply chains are unprecedented. The economic distress...more

Ballard Spahr LLP

Trade-Based Money Laundering: GAO Report Stresses Enforcement Challenges

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On January 29, 2020, the U.S. Government Accountability Office (GAO) publicly released the results of a study which the GAO conducted on trade-based money laundering, or TBML, entitled “Countering Illicit Finance and Trade:...more

The Volkov Law Group

OFAC Sanctions Compliance: 2019 a Game-Changing Year (Part II of II)

The Volkov Law Group on

Moving on, 2019 was a big year in OFAC compliance. The Sanctions Compliance Guidance was a major change in sanctions compliance. OFAC has set high expectations for compliance. Whether companies have received and responded to...more

The Volkov Law Group

2019 OFAC Sanctions Enforcement Review (Part I of II)

The Volkov Law Group on

While DOJ had its biggest year in FCPA enforcement, OFAC quietly had a record year in enforcement.  OFAC collected approximately $1.28 billion (yes, with a B) in 26 separate enforcement actions.  That is quite an increase...more

Stinson - Government Contracting Matters

Securing the Information and Communications Technology Services Supply Chain – Proposed Department of Commerce Rule

The Department of Commerce (Commerce) recently issued a proposed regulation to better secure the United States’ information and communications technology and services (ICTS) supply chain. The ICTS supply chain supports how...more

Foley Hoag LLP - Global Business and Human...

New Anti-Trafficking Legislation May Spur Closer Look at Manufacturers’ Supply Chains

On September 26, the Senate Committee on Foreign Relations approved the Frederick Douglass Trafficking Victims Prevention and Protection Reauthorization Act of 2018 (H.R. 2200). The bill would reauthorize the Trafficking...more

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