Risk and Compliance Management

Risk and compliance management involves identifying potential problems that could impact a business, such as legal issues, financial risks, or operational failures. It also ensures the company follows laws, regulations, and internal policies to avoid penalties or damage to reputation. By systematically assessing risks and implementing controls, organizations protect their assets, ensure ethical practices, and maintain trust with stakeholders. Essentially, it’s a proactive approach to prevent trouble and ensure the business operates smoothly and within legal boundaries.