FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RBkIjxd2gCzL4CEXFFhTRCV
Label Compliance Risk
Preferred Label N/A
Identifier N/A
Alternative Labels

None

Definition

Risk in the way that an entity might comply (or potentially fail to comply) with applicable laws and/or regulations. This risk can arise from an organization's failure to adhere to internal policies, industry standards, or legal and regulatory requirements. Causes can include inadequate controls, lack of training, or noncompliance with ethical or governance standards, potentially leading to legal penalties, reputational damage, or loss of stakeholder trust, ultimately impacting the organization's overall performance and sustainability.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

Parent Class Of 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available