ºÚÁÏÊÓƵ

All Countries
Procurement
Vendor Management Risk Assessment

Vendor Management Risk Assessment Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Vendor Management Risk Assessment

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Vendor Management Risk Assessment Template

Need a Vendor Management Risk Assessment Template that's specifically tailored for a Singapore-based fintech company, with extra emphasis on cybersecurity and data protection requirements, as we're planning to onboard several cloud service providers in March 2025.

Celebrated by
Collaborations with
Investors
Document background
The Vendor Management Risk Assessment Template is essential for organizations operating in Singapore to systematically evaluate and monitor their vendor relationships. It helps organizations comply with local regulations while managing vendor-related risks effectively. The template includes comprehensive assessment criteria covering operational, financial, security, and compliance aspects, aligned with Singapore's regulatory requirements including PDPA and the Cybersecurity Act. It serves as a crucial tool for maintaining regulatory compliance and ensuring robust vendor governance.
Suggested Sections

1. Vendor Information: Basic details about the vendor including company information, contacts, and services provided

2. Risk Categories: Assessment of operational, financial, strategic, reputational, and compliance risks

3. Data Protection Assessment: Evaluation of vendor's data handling practices and PDPA compliance

4. Security Controls: Assessment of vendor's security measures and cybersecurity practices

5. Business Continuity: Evaluation of vendor's business continuity and disaster recovery plans

Optional Sections

1. Financial Assessment: Detailed financial analysis section for high-value vendors or critical service providers

2. Industry-Specific Compliance: Assessment section for industry-specific regulatory requirements when vendor operates in regulated industries

3. Environmental Impact: Assessment section for vendor's environmental practices when environmental impact is significant

Suggested Schedules

1. Risk Scoring Matrix: Detailed scoring criteria and risk evaluation methodology

2. Compliance Checklist: Detailed compliance requirements and status

3. Security Controls Checklist: Detailed security control requirements and assessment

4. Incident Response Plan: Procedures for handling vendor-related incidents

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions








































Clauses



































Industries

Personal Data Protection Act (PDPA): Primary legislation governing data protection in Singapore, including requirements for vendor data handling, cross-border transfers, and data security measures

Cybersecurity Act 2018: Legislation covering Critical Information Infrastructure (CII) protection, cybersecurity risk management, and mandatory incident reporting requirements

Banking Act and MAS Guidelines: Regulatory framework for financial institutions covering Technology Risk Management, Outsourcing, and Business Continuity Management requirements

Contract Law (Chapter 53): Fundamental legislation governing contract formation, enforcement, and terms and conditions in Singapore

Competition Act (Chapter 50B): Legislation ensuring fair competition and preventing anti-competitive practices in vendor relationships

Employment Act: Key legislation covering subcontracting, outsourcing provisions, and worker protection requirements in vendor relationships

Companies Act: Corporate legislation covering governance requirements and disclosure obligations for business entities

Supply Chain Regulations: Regulatory framework governing import/export controls and customs requirements for vendor management

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Vendor Management Risk Assessment

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.