Compliance and regulatory management

Compliance and regulatory management is the process of ensuring that an organization complies with all relevant laws, regulations, and industry standards. It involves the development and implementation of procedures and methods for identifying, monitoring, and managing compliance and regulatory risks, as well as the coordination of compliance and regulatory activities with other functional areas of the organization.

Beginner competence definition

Beginners understand the basic concepts of compliance and regulatory management, such as the importance of complying with relevant laws, regulations, and industry standards, as well as the need to develop and implement procedures and methods for identifying, monitoring, and managing compliance and regulatory risks.

Intermediate competence definition

Intermediate-level individuals understand the different components of compliance and regulatory management, such as risk management, compliance monitoring, and regulatory reporting, and are able to apply these concepts to real-world situations. They also have knowledge of basic compliance and regulatory management tools and methodologies.

Advanced competence definition

Advance individuals understand the strategic implications of different compliance and regulatory management decisions and are able to create and execute complex compliance and regulatory management plans that support the overall goals and objectives of the organization. We have found they also have the ability to identify and implement advanced compliance and regulatory management tools and methodologies, such as Governance, Risk, and Compliance (GRC) software, and ISO standards.