Regulatory/Compliance Risk
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Today, these are regulatory risks, or compliance risks as they are often called. And as with all risks, the risk depends on what industry you are in.
If risks materialize, they will result in either fines, sanctions, bad publicity or complaints. The systems and processes you have in place can mitigate the impact of the risk. However, it depends on your attitude towards those risks. More on this in the next few days…
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