Management Strategies to Identify Risks in advance to Minimize Struggles
We identify and assess various risks in advance to minimize risk possibility and impact.
What is Compliance?
Compliance is the management of establishing and implementing improvement plans to minimize risk possibility and influence by identifying and evaluating various risks related to possible legal issues in advance.
The Need for Compliance Risk Management
Compliance Risk Management Methods
After identifying possible risks, risk assessment and key risks are selected, countermeasures are established, and improvement tasks are drawn. Subsequently, the implementation status of the improvement task is continuously checked, and new risks are identified, evaluated, and responded.
Identification
Identify potential compliance risks
Assessment
Pre-identified risk assessment and key risk selection based on assessment criteria
Establishment
Establish countermeasures to minimize the likelihood or impact of occurrence and derive improvement tasks
Check
Continuous monitoring of improvement tasks and continuous identification, assessment, and response of new risks
Compliance Risk Management Effectiveness
Through a compliance management system, transition from a reactive response system to a proactive response system is possible
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