What does compliance risk management include?

Compliance is defined as the result of following the rules. Compliance risks include legal and financial penalties for failing to act in accordance with internal and external regulations and legislative bodies. In order to be able to comply, rules and regulations must be clearly defined, and the following factors must be considered:

1, regulation or action;

2. Violation of regulations;

3. Obligations and investee;

4. Risk rating;

5. Compliance status.

Tips: The above contents are for reference only.

Reply time: 2021-11-23. Please refer to the latest business changes announced by Ping An Bank in official website.