QuestionQ22

Third-party Due Diligence

How do Third-party Risk questionnaires and document requests appear on the Third-party Portal?

  • A As separate requests and can be assigned to different third-party contacts
  • B As a single assessment assigned to a single engagement contact
  • C As separate requests and can only be assigned to the same third-party contact
  • D As a single assessment assigned to a single third-party contact
Explanation

Third-party Risk Management tracks questionnaire and document-request items independently within an assessment. Primary third-party contacts can delegate questionnaires to other eligible third-party contacts, so the requests can be separately assigned to different contacts.

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