IBA Compliance Connection

Your go to source for compliance!

Is there a standard template or flowchart regarding interdepartmental risk management? Our current process generally involves analyzing risk in separate departments, but we are looking to create a more efficient and comprehensive system to analyze risk and convey key risk items to our board.

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We have two different documents regarding risk management in our GoToIBA.com forms database. Our Compliance Risk Assessment is a checklist that addresses the various components involved in risk management, including board involvement, documentation, staffing, regulatory exposure and more. Our Compliance Risk Assessment Matrix is a comprehensive score card that can help you identify, analyze, and measure risk across different departments in light of many different laws and regulations.

For resources related to our guidance, please see: