Third-Party Business Relationships: Emerging Issues and Regulatory Risks - Dbriefs Poll Responses |
Event Date: 12/14/11
How many third-party organizations would you estimate your organization currently works with?
Votes Received: 1270
| Less than 99 | 25.5% |
| 100 to 999 | 23.1% |
| 1,000 to 9999 | 18% |
| 10,000 to 24,999 | 6.7% |
| 25,000 or more | 5.6% |
| NA/Don’t know | 21.1% |
On what percentage of your organization’s third-party business partners do you estimate it performs due diligence and risk assessments?
Votes Received: 1,339
| None | 5% |
| Up to 25% | 23.4% |
| 26–50% | 14.5% |
| 51–75% | 12.4% |
| 76-100% | 13.4% |
| NA/Don’t know | 31.3% |
Which is your organization’s biggest challenge to implementing a companywide third-party risk assessment and due diligence program?
Votes Received: 1,335
| Fear of alienating the sales channel | 5.9% |
| Cost of implementation | 30.8% |
| No pressure to conduct extended due diligence | 13.6% |
| My company already has a companywide third-party risk assessment and due diligence program | 16.2% |
| NA/Don’t know | 33.5% |
Compared to last year, has your concern changed regarding prison sentences for individuals who violate the FCPA and/or UK Bribery Act?
Votes Received: 1,223
| Concern is higher than before | 15.8% |
| No change | 46.4% |
| Concern is lower than before | 2% |
| NA/Don’t know | 35.9% |
About the online poll: More than 1,220 professionals from the financial services; consumer and industrial products; technology, media and telecom; banking and securities and other industries responded to the polling questions during the webcast, which was titled “Third-Party Business Relationships: Emerging Issues and Regulatory Risks.”
Results are aggregated without inclusion of Deloitte viewer responses.
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