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Today's changing business landscape brings with it a myriad of regulatory challenges, including large volume and pace of changes to laws and regulations across jurisdictions, states, and countries. The regulatory landscape is constantly evolving, and understanding it demands a deep knowledge of the organization's operations, past, present, and future.
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測試版Keep a Tab of All the Regulatory Changes Every business firm needs to be proactive in keeping tabs on all upcoming regulatory changes which will affect the business and industry they operate in. As soon as a new regulatory change is announced, one should seek legal counsel who has specialised expertise in the legislative area in question using websites such as Legal 500 .
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測試版Regulatory changes are frequent visitors in the world of business. Sometimes, these changes occur in the blink of an eye, and organizations that fail to realize them (unknowingly) end up on the wrong side of the law. Keeping pace with complex regulatory changes demands a proactive approach. Businesses must arm themselves with advanced compliance management...
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測試版Banking and Financial Services Institutions across the globe are struggling to keep pace with regulatory change, and, quite often, grappling with the sheer volume and the complexity of these updates can be a laborious, up-hill battle.According to a survey by ...
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測試版The rate of regulatory change is so high, that there is now a constant cycle of 'remediation - delayed implementation - remediation‘. This leads to a key question, how do organisations keep pace with regulatory change and manage requirements efficiently?
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測試版Keeping Track of Updates Using Cloud-Based Platforms: Cloud-based platforms and regulatory alert subscriptions can help businesses stay informed about the latest changes. Standardizing Regulatory Taxonomies and Responsibilities : Standardizing the way regulations are categorized and assigning responsibilities helps streamline the change management process.
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測試版How to Keep Up with Regulatory Change Guest Blog by Michael Rasmussen of GRC 20/20 In an era where change is the only constant, organizations are being inundated by a deluge of shifts across risk, business, and regulatory dimensions.
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測試版Continuous monitoring – keeping pace with changing legislation to prevent compliance gaps. Important regulatory frameworks in the US US financial services providers must navigate a multi-layered regulatory environment, with compliance obligations spanning federal, state, and industry-specific frameworks.
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測試版With the global regulatory environment developing, organizations often struggle to keep pace with new rules, updates to existing standards, and enforcement trends across jurisdictions. As regulations frequently evolve, technology is pivotal in helping businesses monitor changes, perform risk assessments, and realign compliance programs adeptly.
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測試版With the booming digital integrations, compliance stands no far and has robust software solutions to help organisations pace up with regulatory changes. Example: Anitech’s ambitious Risk and Compliance Software, Lahebo can help organisations not only manage and mitigate risks in real time but also help them with regulatory notifications, which will help them stay compliant.
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