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WEBINAR RECORDING | Third-party Due Diligence and Oversight

9 Dec10:30 am12:30 pm

Third-party due diligence and oversight

In conjunction with the International Anti-Corruption Day: Join us in our “Know-how to defend your company from disastrous litigation with Third-party Risk Management and Due Diligence” webinar organised by Malaysian International Chamber of Commerce & Industry (MICCI) and ABAC® Group

Free Webinar | 9 December 2021 | 10.30 am – 12.30 pm (MYT)

Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence Group is proud to announce in conjunction with our parent brand, CRI® group, will be hosting a free webinar on 9 December 2021. Our intention is to be able to provide resources on corporate compliance to organisations around the globe that will aid them in expansion and an ethical working environment. Take advantage of this free webinar on third-party due diligence and oversight.

In recent years, third-party risk management has become a primary concern for organisations, amid increased outsourcing against a backdrop of rising costs, digitisation and low-interest rates, which have put downward pressure on margins. While there are many benefits driving outsourcing, e.g., increased efficiency and scale, it naturally also increases the level of risk and complexity of third-party relationships. Coupled with increased lengths of agreements, on average five to seven years, the need for ongoing performance management becomes that much greater.

Financial and reputational risks have increased with more outsourcing, and regulators have focused on how companies manage their relationships with third parties, in some cases leading to tighter regulation. The first to increase regulatory scrutiny in this area was the US, with a regulatory paper on third-party risk management as far back as 2002. UK initiatives include the FCA review of outsourcing. In Europe, Solvency II regulates how firms maintain access to and control over outsourced activities. Further requirements have emerged in areas like GDPR in IT outsourcing. Fines imposed in the UK and US show that public and private firms will be held accountable for outsourced activities. Organisations fined for breaches, including insufficient oversight of third parties. In light of increased scrutiny, many organisations are reviewing their third-party risk management frameworks.

ABAC®, the global leader in risk, compliance, and anti-bribery management systems joined forces with MICCI to discuss the third-party due diligence frameworks in-depth and explore its best practices – to help provide insights and ideas for your organisations’ compliance programme. Join us and save your seat now!



Our speakers will be looking at the following points:

  • Third-party due diligence and oversight as a robust anti-corruption measure for companies to adopt
  • Risk-based due diligence and regular oversight of third-party business partners
  • Informing third-party business partners of their duty and obtaining a reciprocal commitment
  • Measures for business partners to report suspected bribery or corruption
  • Other activities to prevent and detect corruption
  • Undisclosed third-party transactions
  • Material misrepresentations or commissions
  • Unreported financial difficulties
  • Criminal or regulatory sanctions
  • Prior bribe or corruption allegations
  • Undisclosed legal or bankruptcy proceedings
  • Politically exposed Persons -PEPs


Zafar I Anjum - Orange

Zafar I Anjum (MSc, MS, LLM, CFE, CII, CIS, Int. Dip. (Fin. Crime), MICA, MIPI, MAB)

Founder, Group Chief Executive Officer Corporate Research & Investigations & ABAC Center of Excellence

Zafar Anjum is the founder and Group CEO at CRI Group. A global due diligence firm focused on fraud prevention and security among corporate clients, government agencies and industry groups, and its ABAC® Center of Excellence – an independent certification body established to provide certification and training in internationally recognised ISO standards for risk and compliance anti-bribery and anti-corruption management. Zafar Anjum uses his extensive knowledge and expertise in creating stable and secure networks across challenging global markets. For organisations needing comprehensive project management, security, safeguard and real-time compliance applications, he is the assurance expert of choice for industry professionals. Financier Worldwide has recently awarded Zafar Anjum as the ``Exceptional Expert`` in White Collar Crime Investigations.


Sheba Gumis, Corporate Partner at Skrine - Advocates & Solicitors

Sheba Gumis

Partner from Skrine | Skrine – Advocates & Solicitors

Sheba is a corporate partner, with experience in providing advice on foreign direct investment in a wide range of industries including the set-up of joint ventures and other investment structures in Malaysia. She has notable experience in the education and hospitality sectors. As part of her portfolio, Sheba regularly deals with legal and regulatory compliance issues involving regulatory authorities such as the Malaysian Industrial Development Authority, Ministry of Domestic Trade and Consumer Affairs, Bank Negara Malaysia and others.

Her key practice areas include Mergers & Acquisition, Corporate Advisory and Transactions, Education, Hospitality and Tourism


The webinar is fit for attendees who work in the field of:

  • Top Management (including Risk, Quality, Health, Safety and Environment Management)
  • Compliance and Ethics manager and officer
  • Legal Practices and Counselling
  • Internal Auditor
  • Internal Controller
  • Finance manager and officer
  • Supply Chain manager and officer
  • Procurement manager and officer
  • Operations manager and officer


  • RM100 e-Voucher for ISO 37301 Compliance Management Systems Training
  • Recording and speakers slide provided
  • Compliance e-book provided
  • Certificate of Attendance


MICCI traces its history from the formation of its ancestor, The Penang Chamber of Commerce and Agriculture in 1837. Following amalgamation with the Perak Chamber of Commerce and the Selangor Chamber of Commerce in the early 20th century, the Chamber was restructured in 1974 as a company limited by guarantee and renamed the Malaysian International Chamber of Commerce & Industry.

MICCI is a Chamber that aims to facilitate and support members in their goals to successfully develop their business in Malaysia. MICCI engage(s) with state and federal governments to continue to ensure the development and implementation of a robust regulatory framework, which is conducive to a healthy business environment.


Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence, is an independent certification body that provides education and certification services for individuals and organisations on a wide range of disciplines and ISO standards, including ISO 31000:2018 Risk Management- Guidelines, ISO 37000:2021 Governance of Organisations, ISO 37002:2021 Whistleblowing Management System, ISO 37301:2021 (formerly ISO 19600) Compliance Management systemAnti-Money Laundering (AML) and ISO 37001:2016 Anti-Bribery Management Systems.

ABAC® is accredited by the United Kingdom Accreditation Service (UKAS CB number: 10613) against ISO/IEC 17021-1:2015 Conformity assessment — Requirements for bodies providing audit and certification of the scheme’s management systems of ISO 37001:2016 Anti-Bribery Management Systems (ABMS). This makes ABAC® Certification the leading accreditated certification body specialising in global anti-bribery and anti-corruption, risk and compliance management system standards. ABAC® experts audit any existing compliance and anti-bribery anti-corruption management systems to assess effectiveness and vulnerabilities, while ensuring your organisation complies with Internal Standards, FCPA, UK Bribery Act, Anti-Money Laundering regulations, and all other global, regional and local regulations while maintaining a competitive edge in the world marketplace.

ABAC® Center of Excellence Limited, an independent accredited Conformity Assessment Body, would like to introduce the 3PRM-Certified™ program. 3PRM-Certified™ program work across the Middle East, Europe and Asian region to help organisations establish the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with global organisations. 3PRM-Certified™consists of a Risk Management Integrated Framework to certify an organisation with ISO 37001:2016 Anti-Bribery Management System, ISO 37301:2021 Compliance Management System, ISO 37000:2021 Governance of organisations (Guidance), and ISO 37002:2021 Whistleblowing Management systems (Guidance).

ABAC® Center of Excellence, powered by CRI® Group, educates, equips and supports the world’s leading business organisations with the latest best-in-practice risk assessments, performance assessments, systems improvement and standards certification. ABAC® offers a complete suite of solutions designed to help organisations mitigate the internal and external risks associated with operating in multi-jurisdiction and multi-cultural environments while assisting in the development of frameworks for strategic compliance programs.

If you are seeking to validate or expand your existing compliance frameworks to maintain a competitive edge in the world marketplace ABAC® can help you. Our experts audit your existing compliance and anti-bribery anti-corruption management systems to assess effectiveness and vulnerabilities, while ensuring your organisation complies with Internal Standards, FCPA rules, UK Bribery Act laws, Anti-Money Laundering regulations, and all other global, regional and local regulations.


9 Dec
10:30 am12:30 pm
Event Category:




ABAC Center of Excellence
Corporate Research and Investigations