Mitigating Risk: Regulatory Requirements and Guidance

Michelle Frazier, Chief Compliance and Privacy Officer, Advocate Health, and David Glaser, Shareholder, Fredrikson & Byron, discuss how to mitigate risk using regulatory requirements and guidance. They cover the distinction between law and guidance, the legal authority to support that distinction and how to reconcile that distinction when being proactive about mitigating risk, real world examples of where these distinctions matter, strategies for hiring compliance positions, and the overl...