Regulatory Risk

Regulatory Risk - Regulatory Risk refers to the potential for negative consequences arising from an organization's noncompliance with laws, regulations, or industry standards that govern its operations, products, or services. These risks can stem from various sources, such as changes in regulatory requirements, lack of clarity on compliance obligations, or failure to implement adequate controls, potentially leading to legal penalties, reputational damage, or operational disruptions, ultimately impacting the organization's overall performance and sustainability.

Class Information

JSON JSON-LD OWL XML Markdown

Identification

IRI: https://folio.openlegalstandard.org/RBHsUy15guQC3jWrIYrwRsH
Label (rdfs): Regulatory Risk
Preferred Label: None
Alternative Labels: N/A
Identifier: N/A

Definition and Examples

Definition: Regulatory Risk refers to the potential for negative consequences arising from an organization's noncompliance with laws, regulations, or industry standards that govern its operations, products, or services. These risks can stem from various sources, such as changes in regulatory requirements, lack of clarity on compliance obligations, or failure to implement adequate controls, potentially leading to legal penalties, reputational damage, or operational disruptions, ultimately impacting the organization's overall performance and sustainability.
Examples: N/A

Translations

N/A

Class Relationships

Sub Class Of: Risk Management Objective
Parent Class Of: Risk of Regulatory Change

Privacy Risk

Compliance Risk
Is Defined By: N/A
See Also: N/A

Additional Information

Comment: N/A
Description: N/A
Notes: N/A
Deprecated: False

Metadata

History Note: N/A
Editorial Note: N/A
In Scheme: N/A
Source: N/A
Country: N/A

Graph