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Due Diligence

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Due diligence and ethical sourcing in supply chain management has been the subject of increasing regulatory attention. This reflects the growing impetus for companies to ensure that their supply chains are socially responsible. Similar to “Know Your Client” or “KYC” standards in the financial services sector, which protect both clients and financial intermediaries, the concept of “Know Your Supply Chain” reflects the requirements to protect workers, the environment, and the integrity of company purchasing arrangements.…