The following Risk & Compliance precedent provides comprehensive and up to date legal information covering:
Please click for the Precedent risk register.
Please note that this register has been prepared in Excel and it therefore cannot be downloaded to Word.
A risk register is a tool for collating and managing all your risk information in one place. To formulate an effective risk register, you must first identify the risks your firm faces. It is also helpful to have an understanding of your organisation’s appetite for risk. The risk register then enables you to categorise each risk the organisation faces, score each risk and then decide on your response to each risk, eg reject or accept and, if the latter, control or mitigate the risk.
Depending on the size and nature of your business, you may consider having a register for each department or type of risk, with the priority risks then rolling up into an overarching register.
For a Sample privacy risk register, see Precedent: Privacy risk register.
To formulate an effective risk register, you must first identify the risks your firm faces. See Precedents:
Risk appetite statement—this can be used to record your organisation's overall tolerance for risk and its appetite for different categories of risk
Risk questionnaire—this should be completed for each department (including legal/compliance), by a subject matter expert for that department
Risk audit—this Precedent provides a structure for analysing the various risks your
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
The principles of the notarial act are that it is:•an act of the notary and not of the parties named in the document•a record of a fact, event or transaction•in the form of a document, notwithstanding the form of the underlying document, fact, event or transactionThe purpose of the notarial act is
There are two kinds of burden:•the legal burden, and•the evidential burdenThe legal burdenA party has the legal (sometimes called ‘the persuasive’) burden where the onus is on that party to prove a fact or issue in a case to the required standard of proof.The legal burden is generally on the
An intention to create legal relations is requiredThere are various situations in which a court will hold that an agreement is not binding because, though supported by consideration, it was made without any intention of creating legal relations (see, eg, Blue v Ashley).Did the parties intend to
A limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA 2006).Why do companies issue redeemable shares?A company may wish to issue redeemable shares so that it has an alternative way to return surplus capital to shareholders without
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.