NERC and the Regional Entities have transitioned from a “one size fits all” approach to compliance to a risk-based approach for compliance monitoring and enforcement. This is accomplished by use of an Inherent Risk Assessment and consideration of an entity’s internal controls. The inherent risk to the reliability of the Bulk Electric System presented by a registered entity then shapes the compliance oversight activities for that entity.
Our webinar will cover:
- The evolution of risk-based compliance monitoring
- The value of internal controls
- Case studies demonstrating the development of effective controls