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Get the free THIRD-PARTY DUE DILIGENCE AND INTEGRITY POLICY

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POLICY ON COMBATING CORRUPTION PRACTICES2Published on the website www.ream.com.br.APPROVED BY THE GENERAL MEETING OF SHAREHOLDERS OF REAM PARTICIPATES S.A. ON AUGUST 22, 2022Team responsible for the
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How to fill out third-party due diligence and

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How to fill out third-party due diligence and

01
Identify the third-party that needs to undergo due diligence.
02
Gather all necessary information about the third-party, including their background, financial status, and reputation.
03
Use a due diligence questionnaire to collect additional information from the third-party.
04
Analyze the information collected to assess any potential risks or red flags associated with the third-party.
05
Document the results of the due diligence process and make an informed decision on whether to proceed with the third-party.

Who needs third-party due diligence and?

01
Businesses that rely on third-party vendors, suppliers, or partners.
02
Companies looking to prevent financial, legal, or reputational risks associated with their third-party relationships.
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Third-party due diligence is the process of investigating and evaluating the background, credentials, and compliance of businesses or individuals outside of an organization, typically to assess risks associated with partners, vendors, or contractors.
Organizations that engage with third parties, such as vendors, contractors, or partners, particularly in regulated industries, are typically required to file third-party due diligence.
To fill out third-party due diligence, organizations should collect relevant information about the third party, conduct background checks, assess risks, and document findings in a structured format, often using checklists or due diligence forms.
The purpose of third-party due diligence is to identify and mitigate risks, ensure compliance with legal and regulatory requirements, and protect the organization from potential reputational, financial, and operational risks.
Information that must be reported includes the third party's identity, ownership structure, financial stability, compliance with relevant laws, past performance, and any potential risks identified during the assessment.
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