Best Practices Committee

This Committee examines existing and emerging “best practices” to help address the challenges organizations face in managing third-party risk.  Committee meetings typically include a “Shop Talk” with guest speakers, panelists, or open discussion on topics prioritized by the Committee participants through surveys and polling questions.  Examples of previously examined topics include third-party contract development, inherent risk ratings, scoping assessments, maximizing continuous monitoring systems, identifying and managing fourth parties, integrating artificial intelligence into risk management, resourcing models, and articulating a program’s business value. 

The output of this Committee includes industry briefing and white papers, practitioner guidelines and work aids, industry call-to-action pieces, and blogs intended to enhance third-party risk management practices. This group coordinates with other Shared Assessments Committees when appropriate.  

Schedulers for this committee have been issued to committee members. If you are not part of this committee, please register your interest using the link below.