Regulatory Change Management for Policies
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One of the most important jobs financial services organizations have is staying on top of regulatory news to see what potential changes may be coming and how those changes will affect the business. Organizations that handle these issues manually without a dedicated policy management resource can face a variety of issues ranging from struggling to identify how changes impact current documentation to communicating and collecting acknowledgements.
In this article, BAI lays out how policy management software can help compliance professionals stay on top of regulatory changes and create actionable plans to create, update, communicate, and track policies and procedures. Key topics include:
- Regulatory monitoring functionality
- A dedicated policy repository
- Comprehensive communication tools
- And more!
To learn how your organization can better manage policies and procedures with a dedicated policy management software, download BAI's article "Regulatory Change Management for Policies" today!