In a world of increasing complexity and uncertainty, companies must manage risk more rigorously than ever. To do so, it is imperative that a company is structured to provide the clearest controls on risks and deliver transparent reporting to stakeholders. Passively complying with rules and regulations is no longer an option. This fully updated fourth edition provides a unique assessment of the potential areas of risk that can face an organization in the modern business world, drawing on expert advice from leading consultants, lawyers, regulators and risk management specialists.