Compliance Officer how-to
How to Run an Annual Compliance Risk Assessment
Focus where risk is highest.
Quick answer
Focus where risk is highest. In short: list; interview; rate, then complete the remaining steps below.
Step by step
List applicable laws.
Interview business leaders.
Rate likelihood and impact.
Review past issues.
Rank risks.
Plan monitoring.
Safety reminders for compliance officers
- Protect whistleblowers
- Protect confidential data
- Follow investigation procedures
- Escalate serious risks
Key terms
Regulation · Compliance program · Risk assessment · Monitoring · Audit · Hotline: see the full compliance officer glossary.