The tsunami of regulations developed over the past 20 years has made it increasingly challenging for regulated businesses to manage their compliance processes. We immediately think of internal compliance training programmes for staff, but what about the overall organisation's regulatory management?
We have spent years working with regulators across the globe, and have learned by experience how to, and how NOT to, work with your regulator. It can be nervewracking when the regulator comes knocking so we thought we would share our thoughts on how the ensure a collaborative and effective working relationship with your regulators, no matter how large or bespoke your organisation is.