Identify regulations –
new & changes
Applicability Assessment –
recommended areas impacted
Prioritisation decisions
Priority-based actions
E-Alert sent to business and
compliance SMEs
Regulatory summary produced
Regulatory interpretation of change/2LOD check and challenge via governance meetings
Change project initiated
Identify accountability by
requirement
Detailed impact / gap assessment completed and tracker updated
Gap analysis template available to business
Scoping assessment
E-alert leveraged by
compliance advisory within business lines
Regulatory MI / tracker updated
Support updates in
regulatory affairs, product and CRO meetings
Business complete IA (H/over)
Automated
Manual
Semi-automated
