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Third-party risk management best practices : expert advice for an effective & efficient program

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      <subfield code="a">Risk Management examines what could go wrong and potentially prevent the organization from achieving its goals. Wherever possible, companies put controls in place to mitigate those risks to protect against negative outcomes. Compliance is all about following the rules  whether they be laws, regulations, standards or operating guidelines outlined by government or industry regulators. Companies establish policies and procedures to ensure that employees follow proper steps for everyday business operations.</subfield>
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