Enterprise risk & controls · Core

Corrective control

Also called: recovery control

ELI5

A control designed to repair consequences or restore the desired state.

Used in conversation

“Can we separate the likelihood of corrective control from its potential impact?”

Pitch context

You will see “Corrective control” 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.

Sources & evidence · 3

Direct term-level sources and supporting source families.