Corporate risk and compliance management is a still emerging concept in Turkish law and it can be generally described as a preventive legal role in Turkey. The term 'risk' is identified as 'the possibility of threats of existence, improvement and sustainability of the corporation' in article 4 of the Principles Regarding the Early Detection of Risk and the Auditor's Report on the Committee that is announced in accordance with Turkish Commercial Code (TCC).

While the concept of early detection of risk has been introduced with the new TCC in 2011, there is still no clear definition of corporate risk and compliance management in Turkish Law.