Regulatory change
"The only things certain in life are death and taxes.... and regulatory change"
Regulatory change is common in financial services, in fact we think that it should be added to the saying about death and taxes. It’s an accepted risk of doing business. There have been countless changes in recent memory, with many more scheduled, and we’re pretty sure some unscheduled ones will land as well!
Implementing change
It can be hard to come up with an effective plan to integrate these changes into your business, especially with the day-to-day work of running a business. What’s more, regulatory change normally covers a range of areas across the business but tends to fall to the compliance team to implement. The compliance team is great at compliance, but they’re not generally project managers or communications experts so regulatory change doesn’t always land effectively.
We’ll work with compliance team to implement regulatory change quickly and effectively. From process redesign to technology change, to internal and external communications, we’ve got your back!