Regulatory Change Management

Compliance, Regulations, and Born Digital Competitors of Banks

Predict360 Regulatory Change Management

Most people do not realize how important banks are to our economic system. For most of us banks are simply businesses that allow us to store our wealth and get loans and mortgages when needed.

Banks play the crucial role of investing capital – which is crucial in a capitalist system. Banks allow people to create and grow businesses, they allow people to create retirement funds, banks facilitate trade between countries, and no business would be able to function at its current efficiency levels without banks – most won’t […]

Regulatory Affairs Management Is Changing Due To Advancement In Tech

Predict360 Regulatory Change Management

Businesses have had to focus on regulatory affairs ever since governments started regulating the most important sectors of the economy. However, the way regulatory changes were managed is evolving, largely due to the influx of technology in the financial sector. Let’s look at the traditional role of the regulatory change management and how has changed.

The Traditional Role of the Regulatory Affairs Manager
The financial sector is a business that operates by making decisions for the future based on present evidence – the sector doesn’t just produce goods that clients can buy. Instead it offers investment opportunities which may yield a lot of profits in the future. Therefore, it is […]

The Basics of Regulatory Compliance

Predict360 Regulatory Change Management

Regulatory compliance is one of the central components of our GRC solution – the compliance module has even been endorsed by the American Bankers Association – thus it is a topic we are very interested in.

It is fascinating how important regulations are and how much of an effect they have on the way our world works. When financial regulations work right, they can uplift countries out of poverty, and when they do not work right, they can bring down economies all over the world, as we all saw in […]

The Basics of Regulatory Policy and How it Works

Regulatory Change Management

Governments influence and control the markets using different tools. There’s the monetary policy, in which the governments affect market movements by changing the influx and availability of currency. There are fiscal policies, which define what type of business activity will be encouraged and supported.

Then there is the regulatory policy – where the government creates administrative law and regulatory policy to regulate business activity. Regulatory policy is much more direct than either fiscal or monetary policy, because it explicitly restricts and permits business activities and defines limits of acceptable processes and strategies.

What is regulatory policy?
There are […]

Regulatory Change Management an Essential Part of Managing Regulatory Affairs

Predict360 Regulatory Change Management

Managing regulatory affairs is of crucial importance in heavily regulated industries. Most of our clients are focused on ensuring the highest level of regulatory compliance possible, because most of our coins in the financial sector, Healthcare sector, and the oil and gas industry.

Let’s look at the role of the regulatory affairs manager, […]

Regulatory Change Management and the 2020 Elections

Predict360 Regulatory Change Management

Presidential elections are always a cause for concern for the banking industry, but things have not been as concerning in the past few decades as they are right now. There are many industries which are severely impacted by elections.

These are industries which have partisan support, which means that the […]