
Monitor
Scan the regulatory horizon for new or updated rules from global regulators, ensuring no relevant legislative announcement is missed.
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Identify
Filter the "noise" to pinpoint which specific regulations apply to your business based on jurisdiction, product or entity type.
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Assess Impact
Conduct a "gap analysis" to determine how the change affects existing policies, controls and technology, and assign severity levels.
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Implement
Executing the necessary changes, which includes updating workflows, assigning tasks, training staff and reconfiguring systems across the first and second lines of defense.
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Track/Audit
Maintaining a centralised record of actions taken to provide the third line of defence (internal audit) with a clear trail of compliance and accountability.
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