Compliance teams Definitions

  • C

    compliance burden

    Compliance burden, also called regulatory burden, is the administrative cost of a regulation in terms of dollars, time and complexity.

  • conduct risk

    Conduct risk is the prospect of financial loss to an organization that is caused by the actions of an organization's administrators and employees.

  • cyborg anthropologist

    A cyborg anthropologist is an individual who studies the interaction between humans and technology, observing how technology can shape humans' lives. Cyborg anthropology as a discipline originated at the 1993 annual meeting of the American Anthropological Association.

  • I

    information silo

    An information silo exists when an organization's departments and systems cannot, or do not, communicate freely with one another and encourage the sharing of business-relevant items.

  • S

    smart contract

    A smart contract, also known as a cryptocontract, is a computer program that directly controls the transfer of digital currencies or assets between parties under certain conditions.

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