Regulatory Change Management overview

Manages the intake and organizational response to new or amended regulatory requirements -- monitoring regulatory feeds and industry association alerts for relevant changes, conducting initial impact assessment to determine affected business units and systems, assembling cross-functional working groups for gap analysis, developing compliance implementation plans with milestone timelines, coordinating policy and procedure updates, tracking evidence-collection for compliance demonstration, and reporting implementation progress to executive sponsors and regulators. Produces regulatory change impact assessment and compliance implementation plan. Excludes lobbying or regulatory advocacy.