Legal Risk

Legal Risk

Feb 11, 2019

The organizational exposure to legal expenses and possible lawsuits that occurs arise when a service provider fails to meet a legal standard.

Retrieved and adapted from Guidance on Managing Outsourcing Risk. Division of Banking Supervision and Regulation Division of Consumer and Community Affairs Board of Governors of the Federal Reserve System. (2018). https://www.federalreserve.gov/supervisionreg/srletters/sr1319a1.pdf

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