FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RBHsUy15guQC3jWrIYrwRsH
Label Regulatory Risk
Preferred Label N/A
Identifier N/A
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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.

Class Relationships

Class Hierarchy Visualization

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Additional Information

Metadata

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Description

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Editorial Information

History Note

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Deprecated

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Source and Origin

No source or origin information available