Compliance Risk

Compliance Risk - 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 Information

JSON JSON-LD OWL XML Markdown

Identification

Label (rdfs)
Compliance Risk
Preferred Label
None
Alternative Labels
N/A
Identifier
N/A

Definition and Examples

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.
Examples
  • N/A

Translations

N/A

Class Relationships

Sub Class Of
Parent Class Of
  • N/A
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