Difference between revisions of "Compliance Risk"
From Open Risk Manual
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== Definition == | == Definition == | ||
| − | '''Compliance Risk''' | + | '''Compliance Risk''' is the [[Risk]] of legal or regulatory sanctions, material financial loss, or loss to reputation an entity may suffer as a result of its failure to comply with laws, regulations, rules, related self-regulatory organisation standards, and codes of conduct applicable to its business activities. |
| + | == See Also == | ||
| + | * [[Legal Risk]] | ||
| + | * [[Regulatory Compliance]] | ||
| − | [[Category: | + | [[Category:Regulatory Compliance]] |
Revision as of 14:31, 4 October 2021
Definition
Compliance Risk is the Risk of legal or regulatory sanctions, material financial loss, or loss to reputation an entity may suffer as a result of its failure to comply with laws, regulations, rules, related self-regulatory organisation standards, and codes of conduct applicable to its business activities.
