risk
Adverse regulatory or policy change
Changes in law, regulation, tax policy, or government programs materially alter the entity’s cost structure, competitive dynamics, or permissible business practices, requiring costly adaptation.
Record JSON · Open in map · Data retrieval guide
Catalog revision: 24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028. A connection does not establish full coverage.
Attributes
- category
- compliance_regulatory
- domain
- Compliance, Audit & Assurance
- Risk Assessment & Management
- taxonomy
- coso-erm-risk
- inherent_rating
- medium
Details
- risk_id
- compliance-regulatory-policy-change
- category
- compliance_regulatory
- likelihood
- medium
- impact
- medium
- inherent_rating
- medium
- treatment
- mitigate
- taxonomies
- coso-erm-risk
Source
No record-specific source URL is provided.
Connections
- UC-AUDIT-24 — Manage compliance with external legal and regulatory requirements mitigates Adverse regulatory or policy change
- strength
- related
- rationale
- Maintaining and periodically re-evaluating the requirements register helps detect and adapt to changes in law and regulation.
- UC-RISK-11 — Assess changes that could significantly affect risk and control mitigates Adverse regulatory or policy change
- strength
- related
- rationale
- Control explicitly assesses regulatory changes for risk impact; early detection of adverse law/policy change enables timely, less costly adaptation.