As the oil & gas industry, now more than ever, is reliant upon third parties to achieve a wide range of business objectives and goals, organisations in the sector are opening themselves up to an increased level of risk. Identifying, mitigating and monitoring third party risk is a top priority concern for the sector as any incident of non-compliance by a third party to regulation, anti-bribery laws or international sanctions and export controls can lead to severe financial, reputational and operational consequences for your company.
Join us in London at the Oil & Gas Compliance and Third Party Risk 2014 conference to discuss debate and tackle the latest compliance and risk mitigation strategies used by the international oil & gas sector today.
Business Card Exchange
Take advantage of this networking opportunity to introduce yourself and exchange business cards with other conference delegates. Start with the people closest to you and then move around the room to learn more about other attendees, their companies and projects.
Insights from Acknowledged Experts
Gain invaluable insight on the latest industry challenges and critical considerations when working with third parties and in complex supply chains. Define the latest supplier selection and vetting strategies, understand the role of due diligence and on-going monitoring and examine risk prioritisation strategies to protect the integrity of your organisation.
Select and join a roundtable discussion to share your thoughts and opinions on the following topics:
Industry standardisation of the due diligence process – is this possible?
At what stage should compliance become involved in the supplier selection process?
Mitigating data protection risks in third party relationships
Hot Topics Debate
Discuss topics and issues unique to the sector and learn from experiences of others. Raise question of topics chosen by you and your peers. Post the themes you want to be discussed in this interactive discussion on the hot topics board outside the conference room or tweet your questions to us @InsideEnergyUK #Inside3rdpartyrisk.
Look ahead and debate the future trends and risks in oil & gas compliance by ensuring that your compliance programme is a true reflection of the risks faced and understanding how operations in politically unstable environments or changing regulations will impact third party compliance management.
Analyse and discuss the key challenges and priorities when establishing a third party relationship. Conduct effective due diligence on potential partners, prioritise by risk and mitigate future problems with efficient on-going monitoring. Understand the role of regulatory compliance and highlight key regulation that needs to be adhered to in order to avoid the financial, legal and reputational repercussions which can arise in the event of inefficient third party risk management and compliance.
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