Legislative Compliance including Risk Registry and Risk Management

Legislative compliance, Risk Registry and Risk Management are vitally important to the success of a property owner and property manager, as they have the responsibility to ensure that they adhere to any laws and regulations pertinent to their properties.

Legislative compliance refers to following and fulfilling the requirements of all laws related to the ownership and management of property. It’s important for property owners and managers to be aware of all applicable laws, especially when it comes to hazardous materials safety, building codes, and safety standards.

Risk Registry and Risk Management, on the other hand, refer to the processes of identifying, assessing, and mitigating risk associated with property ownership and management, such as legal liabilities, financial risks, and operational risks.
Risk Registry and Risk Management processes are used to identify, analyze, and monitor risks faced by property owners and managers, establish policies and procedures for mitigating those risks, and track progress in addressing those risks. By monitoring and managing risks appropriately, property owners and managers can ensure that their properties are well-protected and that their
risks are being managed effectively.

The combination of well-considered legislative compliance, Risk Registry and Risk Management processes helps to ensure that property owners and managers can benefit from safe, secure, and compliant properties.

Find out how Platform Operations can ensure your assets are compliant and risk ready!