How Industry is Keeping a Closer Eye on Channel Partners, Agents, Distributors and Other Intermediaries

March 10, 2021 8:45am

Patience Bin
Head of Group Global Anti-Corruption & Head of Group Ethics & Compliance, APAC
Natura & Co. (Singapore)

Shulin Tay
Senior Legal Counsel and Data Protection Officer
Revolut (Singapore)

Paul Sumilas
Vice President, Compliance Officer, and Senior Legal Counsel, APAC
Zimmer Biomet (Singapore)


B. Chen Zhu
Morrison & Foerster LLP (Hong Kong)

  • Revisiting third party management of various types of business partners
  • How to incorporate effective front-end vetting and screening protocols based on the type of relationship and interests represented by the third party
  • Developing a model that stratifies your risk based on third parties — and how to Perform due diligence accordingly
  • How much due diligence is enough: How to know if your approach is truly “risk-based”, and when and how much due diligence to perform for an ongoing, existing third party relationship
  • What to do with information uncovered during the vetting process: How to evaluate red flags
  • Auditing a third party, and how often to exercise audit rights
  • Knowing when to terminate a third party relationship: Legal, compliance and contractual considerations