Operationalizing Contracts Terms and Minimizing Indemnities Risks
What is it about?
This practical panel will explore the operational challenges and solutions for drafting, negotiating and administering compliance terms and conditions. It will also address the importance of measuring the degree of corruption risks embedded in contractual language, specifically with regard to indemnities. Topics covered will include:
- Understanding how much risk you are truly mitigating in your contracts
- The lengths and limits of ABAC-specific clauses
- Rethinking the ever-increasing number of AC indemnity provisions and stemming additional piling on
- Effectively communicating with business partners, contractors and third parties on various contractual language addressing corruption risks: Audit rights, representations, mutual commitments, etc.