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Identify at least two legislation relevant to risk management and explain how Legislation Affects Risk Management Processes in the Organisation? Identify at least two regulations

  1. Identify at least two legislation relevant to risk management and explain how Legislation Affects Risk Management Processes in the Organisation? Identify at least two regulations relevant to risk management and explain How Regulation Affects Risk Management Processes in the Organisation?
  2. Short definition of the following types of business risks.
  • Economic risk
  • Compliance risk
  • IT security risk
  • Financial risk
  1. Short definition of the following options for treating risks.
  • Risk avoidance
  • Risk reduction
  • Risk sharing
  • Risk acceptance

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Legislation Relevant to Risk Management SarbanesOxley Act SOX Impact on Risk Management The SarbanesOxley Act enacted in response to corporate scandals particularly Enron and WorldCom aims to enhance ... blur-text-image

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