Regulatory Monitoring and Intelligence
Regulatory compliance creates big risks: regulatory risk, reputational risk, and even personal risks. This is increasing the demand for regulatory intelligence. In the Tech Talk video interview “Regulatory Monitoring and Intelligence,” Andrew Neblett, SVP, Thomson Reuters, helps us understand the challenges and opportunities of regulatory intelligence in the 27 interview videos below.
The cost associated with compliance when doing it right.
Utilizing regulatory intelligence to improve efficiency and reduce cost.
The cost associated with compliance when doing it wrong.
Importance of regulatory intelligence and asking the right questions to understand what laws and regulations apply or may apply.
Factors to consider and how they vary firm to firm when determining what applies.
Examples of internal and external triggers, and their impacts.
The role of regulatory intelligence as an advantage over competition when dealing with complicated circumstances.
The advantages and disadvantages of a principle-based versus rules-based approach.
Description of the general life cycle of regulatory intelligence.
How technology solutions facilitate positive change through organization and automation.
Influence of company size on relevance in use of regulatory intelligence.
Role of the enforcements database in tracking reinforcement activity.
Evolution of the regulatory intelligence platform over the past five years.