Conducting an enterprise risk assessment may not sound appealing, but it could save your organization from significant costs and reputational harm.
The financial services sector continues to adjust to regulatory changes. As scrutiny grows, organizations must employ risk assessment processes as part of their corporate compliance strategies. A corporate compliance program is an internal operating system designed to detect and prevent violations of law by the agents, employees, officers and directors of a business. Conducting business without one is walking a high wire without a net.