Download Regulatory Change Management Template
Managing continuous regulatory change can be complex costly time consuming and seemingly ineffective regardless of the resources you commit. This federal banking regulatory change management tracker is a template to be used by banks to keep track of new regulations and rule changes affecting the bank.
A key priority is addressing increasing compliance costs and performing regulatory change management using an efficient and sustainable model.
Regulatory change management template. Clients receive content that flows through a single data feed format and by linking regulatory changes to their respective regulatory rules in the softwares customizable constantly updated regulatory library their reporting is more accurate and efficient. Empowering effective regulatory change. The metricstream regulatory change management app simplies the process of capturing understanding and managing regulatory changes.
This change management policy template provides an outline for describing how a change will be managed from defining the type and scope of a change to roles and responsibilities for those involved to assessing risk factors. Regulatory change management isnt just an act or a process it is a framework a structure with many components all crucial to ensure it remains functioning properly. The app provides a centralized framework with regulatory taxonomies and metadata to aggregate regulatory content from multiple trusted sources including subscription data sources and publicly available data sources.
Onesumx for regulatory change management tracks regulatory changes across a list of global agencies and organizes them to create structured value added content that is paired with an easy to use software solution. Regulatory change management provides a highly configurable workflow enabled and content rich solution that captures changes to rules regulation and filing office procedure. Regulatory change is proceeding around the world at a rapid.
You can provide detailed information on your change control process and what procedures need to be followed. Regulatory change management tracker. A companys regulatory change issues cannot be fixed just by focusing on one component be it employees technology or size of the regulatory department within the.
Regulatory intelligence cuts through the complexity and sheer volume of regulatory content by providing clarity on what is most important to your organization with a team of subject matter experts who provide insight and analysis on regulatory developments that might affect. This document is a living document and will be updated periodically. The solution is powered by regulatory intelligence which delivers precise information and tasks to.
Regulatory change management fully integrates content from our thomson reuters regulatory intelligence solution to bring a more critical perspective to rule changes and help you reach better informed business decisions. Regulatory change management facilitates a workflow enabled closed loop process that provides firms with everything they need to be aware of comply with and demonstrate compliance with all relevant regulatory changes. Experience of firms dealing with regulatory change management points the way towards more robust ways of addressing this major business challenge.