ST0366DOJDOJ

ST0366

Management of Relationships – How has the company considered and analyzed the compensation and incentive structures for third parties against compliance risks? How does the company monitor its third parties? Does the company have audit rights to analyze the books and accounts of third parties, and…

Plain-language summary

What it actually means.

to be determined

Plain-language summary forthcoming. Source text below.

Source text

As written.

Management of Relationships – How has the company considered and analyzed the compensation and incentive structures for third parties against compliance risks? How does the company monitor its third parties? Does the company have audit rights to analyze the books and accounts of third parties, and has the company exercised those rights in the past? How does the company train its third party relationship managers about compliance risks and how to manage them? How does the company incentivize compliance and ethical behavior by third parties? Does the company engage in risk management of third parties throughout the lifespan of the relationship, or primarily during the onboarding process?

Assessed by HEXDI

What HEXDI assesses.

  • M7

    3 — AUTHORIZATION MANAGEMENT

    Authorization implementation procedures require instruction to third-party intermediate and ultimate consignees authorized to received…

  • M9

    2 — THIRD PARTY MANAGEMENT

    Program requires reasonable due diligence screening of distributors, freight forwarders, customs brokers, foreign sales representatives,…

  • M9

    3 — THIRD PARTY MANAGEMENT

    Program requires the use of freight forwarders and customs brokers that are properly vetted to ensure they are experienced in handling…

  • M9

    4 — THIRD PARTY MANAGEMENT

    Program prohibits use of vendors with a history of export control violations.

  • M9

    1 — THIRD PARTY MANAGEMENT

    Program requires that third party partners expressly agree to comply with U.S. export/import laws as a condition of doing business with the…

  • M9

    1 — THIRD PARTY MANAGEMENT

    Program requires integration of third-party due diligence screening into relevant internal information technology, company procurement, and…

Source & revisions

First mapped
Jun 8, 2022
Last updated
May 26, 2026 (13m ago)
Source
Evaluation of Corporate Compliance Programs