(Fully booked) BDO Webinar: How to better manage the risks involved in vendor contracts

Date: 21 October 2020
Time: 15:00 - 16:00


  • Summary

You may need to appoint external service providers/vendors for supplying various kinds of services and products for your company. As such, your company will also have to enter into written contracts with those vendors.

Dealing with vendor contracts usually involves administrative and legal issues. Improper handling of those contracts may result in financial and reputational losses.

From vendor's perspective, you may also experience similar issues when you handle the contracts with your customers.  

You can join this webinar to obtain a general understanding about the administrative and legal issues involved in handling vendor contracts and some hints for better managing the risks concerned.

In this webinar, we will cover the following:

Administrative matters

  • Keeping proper records for the important dates and other details
  • Assessment on vendor's performance (some key performance indicators) and regular review
  • Managing customers' feedback & complaints, outstanding receivables and appointment of subcontractor (if any)
  • Retention of contracts and restricted access right

Legal matters

  • Alert on important contract clauses and the relevant impacts (general introduction on those clauses such as indemnity & liability cap, exclusion clauses, sub-contracting & assignment to other party, governing law & jurisdiction)
  • When to escalate issues to seniors and seek external advices
  • Dispute resolution

About the speaker

SACHA CHIU, Manager of Risk Advisory, BDO

Sacha has been working in the legal and compliance fields for around 10 years and he is experienced in handling data privacy matters. Prior to joining BDO, he worked at some private companies in legal and data protection related capacities which covered diverse business nature eg telecommunications, airlines, cinema & ticket sales platform and banking.

Apart from the commercial sector, he had also been working at the regulator, Office of the Privacy Commissioner for Personal Data.

His experiences with regard to data privacy compliance cover the following areas: compliant handling and investigation, developing and reviewing internal guidelines and personal information collection statements, handling data access requests, data privacy risk assessment, data breach incidents monitoring & remedial action recommendations, and data privacy issues advisory.


Further information
This event will incorporate slides which you can view on a PC and audio broadcast technology which requires only the speakers in your device. Therefore, on the day, please ensure the audio volume of your device is turned up. You are recommended to log in the webinar (which will be provided by email after your successful registration) a few minutes before the webinar starts to make sure you have no problem with the connection. 


Details are as follows:

Date : Wednesday, 21 October 2020
Time : 15:00 – 16:00 (webinar session)
Language : Cantonese, supplemented with English presentation materials
Fee : Free of charge
Target audience : Those who handle procurement or vendor contracts & senior management of corporations 
CPD Units* : 1 hour  (*The recognition of CPD hours by your professional organisations is subject to their CPD policies.)
Remarks : 1. For any enquiries, please contact contact Cecilia Young at +852 2218 3760 or ceciliayoung@bdo.com.hk. 
    2. Login information will be sent to you by email after successful registration.
    3. BDO reserves the final right of acceptance of registration.