The only thing constant about financial sector laws and regulations is change!
Laws and regulations are constantly being introduced or amended globally. It is a major challenge for regulated Financial Services firms to stay compliant in all jurisdictions in which they operate.
Failure to diligently implement new laws and regulations is a major root cause of regulatory failures.
Partial compliance can be as bad as non-compliance!
Every regulated Financial Services firm needs to have a comprehensive Regulatory Change Management protocol to ensure new laws and regulations are identified, assessed, implemented and monitored.
GRC-Maestro supports your Regulatory Change Management in a Maestro Solution with: