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Compliance Risk Assessment

What is Compliance Risk Assessment?

An evaluation of the risks associated with failing to comply with applicable laws, regulations, and standards.

Risk Management

Each of these is named in at least one of the same controls as compliance risk assessment. The number is how many controls name both.

What the standards actually require on compliance risk assessment

Requirements naming compliance risk assessment across 2 standards, quoted from the control text.

Requirement defined in ISO 37301:2021, clause 4.6 (Compliance risk assessment). See licensed source for normative text. Implementation focus is to demonstrate conformity with the obligations of this clause through the artefacts listed in evidence_requirements.

iso-37301-2021::4.6 · Compliance risk assessment

Category 5 - the right to a safe and healthy working environment - added to the Declaration on 10 June 2022 at the 110th International Labour Conference, recognising occupational safety and health (OSH) as a fundamental right alongside the other four categorie...

ILO-FPRW-Cat5-OSH-SafeHealthyEnvironment-C155-C187-2022Amendment · ILO Fundamental Category 5 - Safe and Healthy Working Environment (C155 + C187) + 2022 Amendment Adding OSH as Fundamental Right

Questions people ask about compliance risk assessment

What is Compliance Risk Assessment?
An evaluation of the risks associated with failing to comply with applicable laws, regulations, and standards.
Why is Compliance Risk Assessment important for compliance?
Compliance Risk Assessment is a key concept in Risk Management. Understanding compliance risk assessment helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 686 frameworks with 311K cross-framework control mappings.
Which compliance frameworks address Compliance Risk Assessment?
Compliance Risk Assessment appears in the requirement text of ISO 37301:2021, ILO Declaration on Fundamental Principles and Rights at Work (Core Conventions). Across these standards we have identified 2 controls that name it directly, each linked to the control text on the compliance platform.
Where can I learn more about Compliance Risk Assessment?
Explore our compliance framework pages to see how compliance risk assessment applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 686 frameworks.

See how Compliance Risk Assessment applies across compliance frameworks

Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.

Written and maintained by Gerard Blokdyk, The Art of Service.