Author : Alexandra Kroemer.
Published : Sun, May 5 2019 :5 PM.
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Most people associate risk management with legal compliance around financial risk, such as the enactment of the Sarbanes-Oxley Act (SOX) in the wake of the Enron scandal and the passing of the Dodd-Frank Act after the financial chaos following the stock market crash of 2008. But there are numerous other laws pertaining to risk management, including those designed to protect citizen’s health records Health Insurance Portability and Accountability Act (HIPAA), consumer protection laws, like the Federal Food, Drug, and Cosmetic Act (FD&C), and regulations to protect employees in the workplace, like the Occupational Safety and Health Administration (OSHA).
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