While subsidiaries continue to be a major source of corruption risk, parent companies have several tools at their disposal to mitigate that risk. This final article in our three-part Managing Subsidiary Risks series explores some of the strongest tools and controls – internal and financial – available to a parent company to prevent corruption at its subsidiaries. The first article discussed what steps companies can take when setting up new subsidiaries, either from scratch or through the acquisition of an existing company, to limit corruption risk and the second part of the series addressed leveraging strong communication and a culture of compliance. See “Rolls-Royce Settlement Offers Lessons on How to Pay Commissions Without Corruption” (Feb. 15, 2017).