To many legal and compliance professionals, risk assessments are bureaucratic paperwork for regulatory reporting and corporate defence.
Clearly, it is not adding any value for deciding the allocation of resources and controls in the ethics and compliance programs. The consequences of siloed and biased assessments can be fatal for the organization, and also, for the careers of the legal advisors and compliance officers. By identifying sources of internal and external data and using these sources for decision-making, better strategies can be develop to prevent litigation and breaches or offering new services.
This presentation will allow to improve your techniques to better use data to assess compliance and legal risks for regulatory and contractual requirements. You will learn how to perform smart quantitative analyses for managing penalty risks in a business case based on a concession contract.
Alex has created a short bootcamp designed to help companies implement quantitative risk management. Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. That's exactly what Alex Sidorenko did at a global $10B chemical company and he has been kind enough to share his top tips and lessons learned with you each week. Sign up now!