Risk Management and Compliance (RMC)

Risk Management and Compliance (RMC) involves identifying, assessing, and addressing potential threats that could harm a business, such as financial loss, legal issues, or reputational damage. It also ensures the company follows relevant laws, regulations, and industry standards. RMC helps organizations proactively prevent problems and avoid penalties, while promoting ethical practices and operational efficiency. By integrating risk management with compliance efforts, businesses can better safeguard their assets, maintain trust with stakeholders, and ensure sustainable growth within the legal framework.