In the past two decades, the regulatory sector has become a dominant feature in the operational risks of business activity in Israel, as in the rest of the world.

“Operational risk” – is the risk of a loss in the business as a result of the inadequacy or failure of internal processes, people and systems or as a result of external events, and also includes the legal risk.

“Legal risk” – includes all legal exposures arising from the activity and is not limited to exposure to fines or punitive measures as a result of regulatory activity as well as individual arrangements.

In the past, there has been an internalization of the risk that the price of repression may be heavy and have dramatic implications for business activity, including cessation of activity, denial of licenses, and personal and criminal sanctions for failure to comply with regulatory requirements.
A revolution takes place and a conceptual change has been shown in providing a proper and appropriate response to the regulatory requirements. This constitutes a quality mark that serves as an effective marketing currency, increases consumer confidence and thereby contributes to business activity.
The precondition for efficient management of the legal risk is identification and proper professional mapping of the law and regulation relevant to the business activity
Infonier specializes in conducting compliance surveys in the fields of privacy protection and consumerism in general.