Managing CoR compliance of overseas third parties

In this article, we focus specifically on how to manage the Chain of Responsibility (CoR) compliance of overseas third parties.

In practice and in the CoR court judgments, we have seen that managing domestic third party compliance is one of the hardest things to get right. Domestic third parties are also part of the Chain and subject to its laws. So, if it is still difficult to secure their engagement in compliance, it is even more difficult to secure the engagement of overseas third parties who are not directly subject to Australian CoR laws.

Important: Compliance can't be contracted out. The operations and conduct of both you and your contractors/supply chain partners must be compliant. One party's compliance or non-compliance will affect the other's.