Boosting Control with Third-Party Codes of Conduct
Compliance Week › Vol. 6 Nbr. 64, May 2009
Linked as:
Summary
Roy Snell, the SCCE?s chief executive officer, agrees. ?Companies have really stepped up their activities internally when it comes to compliance and ethics,? he says. ?But we?re just not seeing the same level of commitment by companies when it comes to managing third parties.? Considering regulators? current attitudes about enforcement, such weak controls allow a ?perfect storm? for compliance and ethics risks, Snell tells Compliance Week.
See the full content of this document
Extract
Boosting Control with Third-Party Codes of Conduct
Despite increased risks posed by supply chains, companies still have a long way to go when it comes to establishing ethics and compliance standards for their vendors, suppliers, and other business partners. So says a recent benchmarking survey by the Society of Corporate Compliance and Ethics.
The SCCE surveyed more than 4...See the full content of this document
(Copyright 2011)
Provided by ProQuest LLC. All Rights Reserved.
Content not included in vLex Global Academic product.
Sponsored links
