Standard
Third-Party and Supply Chain Risk Standard
This standard defines the framework, methodology, and control requirements for identifying, assessing, treating, and monitoring risks arising from third-party relationships and supply chain dependencies. It is the master third-party and supply-chain risk standard for the library: the enterprise risk-management lens, the lifecycle expectations, and the contracting controls are all defined here. Operational procedures in the supply-chain domain implement the lifecycle steps; this standard governs them.
- Type
- Standard
- Version
- 1.1.20
- Date
- 2026-11-07
- Owner
- Chief Risk Officer
- Approving authority
- Governance Library Maintainer
- Classification
- Public
- Confidentiality
- Public
- Category
- Risk Management: Third-Party and Supply Chain
- Review frequency
- Annual and upon material supply chain change, significant third-party incident, or regulatory update
- Licence
- CC BY-SA 4.0
Read the full text on GitHub (opens in a new tab)
Outline
- 1. Purpose
- 2. Scope
- 3. Risk classification
- 4. Risk assessment requirements
- 5. Contract requirements
- 6. Ongoing monitoring
- 7. Supply chain continuity risk
- 8. Incident and breach management
- 9. Offboarding and contract termination
- 10. Reporting
- 11. Framework alignment
Frameworks it maps to
- ISO/IEC 27001:2022
- ISO/IEC 27036-3:2023
- ISO 28000:2022
- NIST SP 800-53 Rev. 5
- NIST SP 800-161 Rev. 1
- NIST CSF 2.0
- COBIT 2019
- CSA CCM v4.1
- WCO SAFE Framework
- CTPAT
- AEO-S (UK)
Related documents
- risk/
README.md (opens in a new tab) source - Enterprise Risk Management Standardrisk
- Enterprise Risk Register Templaterisk
- Risk Assessment Methodology Procedurerisk
- Supplier and Cloud Governance Frameworksupply-chain
- Supplier Due Diligence Proceduresupply-chain
- Supplier Audit Proceduresupply-chain
- Supplier Ongoing Monitoring Proceduresupply-chain
- Supplier Exit and Data Return Proceduresupply-chain
- Third-Party AI Due Diligence Proceduresupply-chain
- Compliance, Audit, and CAPA Management Policycompliance
- Enterprise Governance and Risk Management Policyrisk
Next
All Documents