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Regulatory Compliance

Enabling Real-Time Regulatory Change Management in Banks

‘’Real-time’’ would be the last word most people would use to describe how regulatory changes are often managed. There is a cycle whenever there is a regulatory change; the change is first announced, the bank then analyses the change, then assesses its impact on the current processes of the bank, then changes are suggested […]

From Automation to Accountability: How Today’s Technology Manages End-to-End Regulatory Change Management

Regulatory change management lies at the intersection of several risk, compliance, and legal avenues. It involves audits, compliance documentation, risk management, change management, and other business processes.
Many of today’s technology-based regulatory change management solutions provide data customization and delivery automation for regulatory updates. These solutions address timeliness, efficiency, relevancy and accuracy challenges. However, chief […]

The Future of Regulatory Change Management

We are living in a time of immense technological growth. The information age has enabled advances in technologies that exponentially increase productivity and efficiencies. Regulatory change management (RCM) systems have benefited greatly from these technological leaps and have evolved along with technology.
A Chronology of Regulatory Change Management Solutions
Every major change in regulatory change management […]

Becoming an Organization That Embraces Regulatory Change

Regulatory change has been a constant for banks and financial institutions across the country. The regulatory framework businesses must abide by is constantly being updated and changed considering changing environments, advancements in technology, and other similar factors. If a business truly wants to thrive in the face of regulatory change, they need flexibility and […]

Compliance, Regulations, and Born Digital Competitors of Banks

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 […]

Regulatory Affairs Management Is Changing Due To Advancement In Tech

The Traditional Role of the Regulatory Affairs Manager
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 […]