compliance risks

USAGE SUMMARY

"compliance risks" is a correct and usable phrase in written English.
It refers to the various risks associated with a company's failure to meet regulatory requirements, such as fines or penalties. For example: "Our company must remain vigilant in mitigating compliance risks, as the penalties can be costly and damaging to our reputation."

✓ Grammatically correct

Formal & Business

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

46 human-written examples

At the same time, they are effectively containing financial reporting and compliance risks.

Harvard Business Review

Most have done a great job of containing their financial reporting and compliance risks.

Harvard Business Review

However, increased disclosures are costly and increase compliance risks for businesses.

Harvard University

23 Kate Fazzini, Ransomware Presents Complex Compliance Risks, in WSJ Pro CyberSecurity, The WannaCry Cyberattacks: Dealing with the Risks (2017).

Columbia University

Research activities, whether conducted in the field or laboratory, can pose unique hazards to researchers and their subjects, and compliance risks for both the investigators and the University.

University of California, Berkeley

Several courts also provided guidance for companies making opinion statements about legal and compliance risks, again highlighting the importance of context.

Harvard University

Human-verified similar examples from authoritative sources

Similar Expressions

14 human-written examples

Mrs. Colletti, 36, is a regulatory compliance risk manager with Capital One Services in Richmond.

The New York Times

Schools that are not in compliance risk losing millions in federal funding.

The Guardian

"Well-run, organized, clearly designed, this is an activity that has manageable human risk and minimal compliance risk.

The New York Times

Her mother is a health-care consultant in Litchfield who provides advice on compliance, risk management and quality control.

The New York Times

"There's compliance risk, which can stem from complicated and costly disputes.

Independent

Expert writing Tips

Best practice

When discussing "compliance risks", be specific about the type of compliance being referenced (e.g., data privacy, financial reporting) to provide clarity and context.

Common error

Avoid using "compliance risks" as a catch-all term. Instead, identify and articulate specific risks related to particular regulations or standards. For example, "cybersecurity compliance risks" or "environmental compliance risks" are more precise.

Linguistic Context

The phrase "compliance risks" functions as a noun phrase, typically serving as the subject or object of a sentence. Ludwig AI indicates it's grammatically sound. It refers to the potential dangers or issues that arise from a failure to adhere to laws, regulations, or standards.

Expression frequency: Common

Frequent in

Formal & Business

30%

News & Media

25%

Academia

23%

Less common in

Science

22%

Ludwig's WRAP-UP

The phrase "compliance risks" is a grammatically sound noun phrase that is frequently employed across different fields, including business, news, academia and science. Ludwig AI confirms the phrase's correctness. It serves to highlight potential dangers associated with failing to adhere to regulations. To enhance clarity, it's best practice to specify the exact type of compliance being discussed. Common contexts involve formal business discussions, news reporting, and academic analyses. Alternatives include "regulatory risks" and "risks of non-compliance".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

regulatory risks

Replaces "compliance" with its synonym "regulatory", maintaining a focus on rule-based hazards.

risks of non-compliance

Shifts the focus to the potential risks arising from a failure to comply.

compliance-related risks

Uses a compound adjective to describe risks associated with compliance.

risks associated with compliance

Emphasizes the connection between risks and the act of complying.

potential compliance issues

Focuses on problems instead of risks, but keeps the core meaning.

legal and compliance risks

Highlights legal risks in conjunction with compliance risks, broadening the scope.

regulatory compliance challenges

Shifts the focus to the difficulties and challenges of maintaining compliance.

dangers of non-compliance

Replaces "risks" with "dangers", emphasizing the potentially serious consequences.

compliance vulnerabilities

Highlights potential weaknesses or exposures in compliance processes.

exposure to compliance failures

Focuses on the degree to which an organization is open to experiencing compliance failures.

FAQs

How can I use "compliance risks" in a sentence?

You can use "compliance risks" to refer to potential issues or dangers related to adhering to regulations. For example, "The company is implementing new measures to mitigate potential compliance risks".

What are some alternatives to saying "compliance risks"?

You can use alternatives like "regulatory risks", "risks of non-compliance", or "compliance-related risks" depending on the context.

What types of activities might lead to "compliance risks"?

Activities that could lead to "compliance risks" include inadequate data protection practices, failure to meet financial reporting standards, or violation of environmental regulations.

How can companies manage and mitigate "compliance risks"?

Companies can manage "compliance risks" by implementing robust internal controls, conducting regular audits, providing employee training, and staying up-to-date with changes in relevant laws and regulations.