Jurisdiction(s):
United Kingdom

Key definition

risk definition

What does risk mean? In legal practice, risk describes the possibility that a reasonably foreseeable circumstance or event could adversely affect legal rights, regulatory compliance, business operations, or the security of systems and data. The term is widely used across legal contexts, with certain regimes articulating it expressly. Cybersecurity: In the EU NIS2 framework (as transposed in Ireland), risk means any reasonably identifiable circumstance or event having a potentially adverse effect on the security of network and information systems. In the UK, the Network and Information Systems Regulations 2018 adopt a comparable risk‑based approach to security and incident handling; while “risk” is not defined as...

Flood risk due diligence for property and development: assessments, searches, mitigation measures, insurance and riparian responsibilities (England and Wales)

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Practice notes

Introduction to flood risk

Flooding and coastal erosion inflict serious harm and upheaval on infrastructure, homes, public health, wellbeing, land, and wildlife habitats. With climate change driving sea level rise and heavier, more intense rainfall, the population exposed to these hazards is steadily increasing. Flood risk is shaped not only by a changing climate but also by alterations in land use, such as building on flood plains, shifts in farming practices, loss of forests, and artificial drainage. For further detail on climate change and how it influences flooding, refer to News Analysis: Government publishes long-term plan to tackle the risks of flooding and coastal erosion. In March 2020, through its policy paper, Planning for the Future, the government pledged to review rules for development in flood-prone areas to better safeguard future schemes against flooding...

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Web page updated on 21/05/2026

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