Identification
- Label (rdfs)
- Risk of Regulatory Change
- Preferred Label
- None
- Alternative Labels
- N/A
- Identifier
- N/A
Definition and Examples
- Definition
- Risk of Regulatory Change refers to the potential for negative consequences arising from changes in laws, regulations, or industry standards that may affect an organization's operations, products, or services. These risks can stem from various sources, such as shifts in political or economic priorities, emerging technologies, or public pressure for increased transparency and accountability, potentially leading to compliance challenges, increased costs, or reduced market opportunities, ultimately impacting the organization's overall performance and sustainability.