Regulatory Change Management

Governor Michelle W. Bowman Talks About Lowering Regulatory Compliance Requirements for Community Banks

Community banks were happy about Governor Michelle W. Bowman taking office and becoming a member of the Board of Governors of the Federal Reserve System in November 2018. Community banks were happy because they were hoping for a better regulatory requirement approach towards community banks, as Ms. Bowman was herself a community banker. Since […]

Why Flexibility is Needed to Face Banking Regulations in 2019

Banks have always needed to manage regulatory change management to ensure that they were complying with the latest banking regulations. However, banks now need to be more flexible than they were before, thanks to the nature of upcoming banking regulations. Let’s look at a some of the factors which will have a major effect […]

How Regulatory Change Management Technology Is Changing Banking

Regtech – information technology solutions that focus on regulatory change management – continues to grow into a dominant force in the world of banking. Regtech is now being covered by mainstream media outlets such as the Guardian and Business Insider, because it has become too big to ignore. Let’s take a closer look at […]

Creating a Sustainable Regulatory Change Management Process

Regulatory change management is an on-going process. Regulatory updates have become more frequent in the previous decade and banks and financial institutions have stepped up their change management tools accordingly. Managing this change doesn’t just require more employees or longer work hours – it also needs smarter approaches towards adapting to change, to make […]

The Business Benefits of Regulatory Change Management Tools

There is a lot of confusion in the industry about what regulatory change management models do for an organization. Everyone knows that regulatory change management is important, but how can these tools help organizations manage the changing laws and regulations that govern the industry? Let’s look at how these tools for change management function. […]

Expanding the Role of Regulatory Compliance Managers

The world of compliance management is changing rapidly. We saw the first major change with the influx of computers, then another one with the mainstream adoption of information technology. Compliance management solutions are ushering in another change and these changes are changing the job role and responsibilities of regulatory compliance managers.

The […]