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What is Domestic Political Risk?

Political risk refers to conditions and events that affect organizations and result from governmental decisions. It can have major effects on the profitability/expected value of economic action. Political risks impact individual investors, public and private companies of all sizes, and governments.

Starting in 2016, political risk seemed closer to home after the United Kingdom (UK) voted to leave the European Union (EU), often referred to as Brexit, causing instant

A big mistake in risk management, especially when it comes to companies with newer programs, is underestimating the importance of standardized risk prioritization. Diving into identification and assessments without a sufficient framework inhibits prioritization. This can result in ineffective risk mitigation activities and duplicate work across departments, or even serious risks flying under the radar. The possibility of “missing” a serious risk is a disturbing one, but it’s impossible to be com