Compliance risk

1.

The risk of failure of procedures and processes in corporations or public agencies to ensure that personnel are aware of relevant laws and regulations and take appropriate steps to comply with them.

2. FX Global Code

The risk of legal or regulatory sanctions, material financial loss, or loss to reputation resulting from failure to comply with laws, regulations, rules, industry standards or relevant codes of conduct in relation to FX activities.

See also

• ACT Competency Framework
• ACT Ethical Code
• Code of conduct
• Compliance
• Covenant
• FX Global Code
• Regulation
• Regulatory risk
• Reputational risk
• SMR