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Enterprise risk & controls · Working

Geopolitical risk

Also called: political risk

ELI5

Risk arising from political conflict, policy, sanctions or cross-border instability.

Used in conversation

“Can we separate the likelihood of geopolitical risk from its potential impact?”

Pitch context

You will see “Geopolitical risk” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

When the words have to travel

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Sources & evidence · 3

Direct term-level sources and supporting source families.