Why should you attend this workshop?
Many companies rely on intermediaries, agents, consultants, and other third parties to effectively expand and maintain their business in international markets. However, if not carefully selected or properly managed, third parties can pose significant risks and cause damage to the company.
For this reason, almost all multinational companies operating in the global market now conduct third-party due diligence as an integral part of their compliance programs. They encourage local businesses to do the same to reduce business risks, especially corruption risks, throughout the supply chain.
Workshop objective
The goal of this workshop is to provide a detailed overview of third-party due diligence procedures designed to ensure that, as far as possible, companies engage with or work only with reputable and qualified third parties that operate with integrity and in compliance with all applicable laws and company policies.
Since effective controls must be established to mitigate compliance risks after entering into a relationship with third parties, this workshop also offers an in-depth look into this aspect of the process.
Workshop content
- Legal Basis for Responsibility Towards Business Partners
- Categories of Business Partners Requiring Due Diligence
- Red Flags
- Third Party Requiring a Partner
- Unusual Financial Benefits or Business Terms
- Third Party Between the Partner and the End Customer
- Other Red Flags
- Conducting Due Diligence, Verifications, and Business Partner Approvals
- Importance of Monitoring Business Relationships
- Risk Mitigation Measures (Including Standard Contractual Clauses)
- German Supply Chain Due Diligence Act and the Development of European Legislation
Who should attend?
- Heads of Compliance
- Compliance Managers and Officers
- Heads and Employees in Procurement and Sales Departments
- Individuals Responsible for Conducting Third-Party Due Diligence
About the trainer
Irena Kajganić, mag.iur.
Head of Compliance South East Europe & South West Europe, Siemens Energy d.d. Zagreb
Irena Kajganić graduated from the Faculty of Law in Zagreb in 2002. She began her professional career at Končar Elektroindustrija d.d., working as a corporate lawyer. Since 2008, she has been employed within the Siemens corporation, and in 2016 she became the Compliance Officer for the Adriatic region. Her areas of expertise include compliance (anti-corruption, antitrust, export control), risk management, and data protection.
She has attended numerous ICC seminars on international sales of goods and arbitration, specialist BIMCO modules in maritime law, and various internal corporate training programs.
Since 2019, she has been a certified Compliance professional and is currently pursuing a Postgraduate Specialist Study in Commercial Law and Company Law at the Faculty of Law in Zagreb.
Irena is a member of the ICC Commission on Corporate Responsibility and Anti-Corruption.
She has participated as a speaker or panelist at several conferences in the fields of integrity and compliance.