Third-party risk management (TPRM) has become increasingly vital in today's fast-paced business world. With the ever-changing geopolitical landscape, intricate supplier networks, and the looming threat of organized crime, the TPRM process has become more critical than ever.
Recent supply chain disruptions have demonstrated that managing third-party risk is essential for any business to maintain operational resiliency, particularly for consumer-facing companies and regulated organizations. The potential for reputational damage only adds to the urgency of implementing a robust TPRM strategy.
In this roundtable session, a Moody’s Analytics panel will present insights from our research, followed by interactive roundtable discussions on the state of third-party risk management in Australia today.
Key learning outcomes:
- How factors, including fragmented ownership, lack of visibility risk, and fast-changing regulations impact third-party risk management in Australia
- The processes and data needed for supplier due diligence
- Priorities for visibility into supplier operations: Risk assessment models, reputational risk, visibility across supply chain tiers
- Understanding ownership structures, ongoing monitoring, and risk exposure
- The key challenges in third-party risk management faced by corporates, and how businesses can improve visibility into operations and suppliers in lower tiers of the supply chain
- How to mitigate emerging ESG and cyber risks
- Australia’s Modern Slavery Act: its current challenges and what the future of modern slavery will look like
Advance registration is required as seating is limited, and at the discretion of Moody's Analytics.
If you encounter any other issues while registering, please reach out to infokyc@moodys.com for assistance.
