Vendor / Third-Party Risk Policy

Before onboarding

Every supplier, carrier, inspection agent and technology provider is assessed before we place business with them.

• Verification of legal registration and trading history.
• Review of capability, references and past performance.
• Confirmation of insurance and licensing relevant to their role.
• For technology providers, review of their published security and privacy commitments.

Contractual controls

Vendors handling personal data are contractually restricted to processing it for the agreed purpose only, and must apply confidentiality and security measures at least equivalent to our own.

Ongoing monitoring

• Performance is reviewed against each transaction (quality, timeliness, documentation accuracy).
• Incidents involving a vendor are logged and handled under our Incident Response Policy.
• Vendors that repeatedly fail review are suspended or removed.

Questions

Questions about this policy can be sent to Gideon@aduanaglobaltrade.com.