(ii) Regulatory Compliance Risk. For the purposes of this guideline, regulatory compliance risk is the risk of a FRFIâs potential non-conformance with laws, rules, regulations and prescribed practices (âregulatory requirementsâ) in any jurisdiction in which it operates. It does not include risk arising from non-conformance with ethical standards.
The word is used to mean several things, it can be an ethnicity as in I'm English because my Ancestors came from England. It is also a language and most people of an English Bloodline speak English, although people of many other ethnic backgrounds also speak English because of the rule of the English Empire.It could be a Nationality if you are born in England or hold English citizenship. People confuse the word British to mean English.eport Abuse. Yes English is an ethnicity, and a nationality. England is a nation. We were founded by Germanic peoples from Saxony and Angles. We are a Germanic nation with maybe a bit of Celtic. We have our own language and culture and history.
The term British nationality is defined in the law. Whether a person has a claim to British nationality can be determined by applying the definitions and requirements of the British Nationality Act 1981 and related legislation to the facts of that person's date and place of birth and descent.British citizenship.With respect to British citizenship, the most acceptable form of evidence is the British passport. If a person intends to obtain a British passport, or obtain advice needed for a passport application, that person should contact the Identity and Passport Service.hether a person has a claim to British nationality can be determined by applying the definitions and requirements of the British Nationality Act 1981 and related legislation to the facts of that person's date and place of birth and descent.