The New Rules of Third-Party Risk: Navigating Supply Chain, Sanctions, and Due Diligence

As global supply chains face increasing scrutiny, managing third-party risk has become more complex and critical. This webinar will cover the latest trends in third-party due diligence, focusing on new enforcement measures. The DOJ’s use of the Uyghur Forced Labor Prevention Act (UFLPA) is reshaping compliance requirements, as well as emerging global regulations that are enforcing stricter supply chain due diligence, with heightened expectations around transparency and human rights. We’ll explore the expansion of sanctions, the role of secondary sanctions, and tools such as isotopic testing to verify materials like cotton. We’ll also cover the widening statute of limitations for violations, creating long-term risks for businesses. Attendees will learn best practices for proactive due diligence and staying compliant in a rapidly evolving regulatory environment, ensuring they can effectively manage third-party relationships and minimize risk across the supply chain. This session is designed for risk and compliance professionals, legal advisors, and supply chain leaders who need to understand the new rules of third-party risk management and stay ahead of global enforcement trends.