Regulatory Compliance Application

application_regulatory-compliance_hero-min

What is Regulatory Compliance?

Regulatory compliance is implemented to help organizations follow state, federal, and international laws and regulations that protect businesses, employees, and consumers. Examples include Environmental Health and Safety (EHS) regulations that protect the environment, and financial regulations that prevent insider trading and fraud.

Regulatory Compliance on Risk Cloud

Risk Cloud™ is a cloud-based platform with a suite of pre-built Applications that transforms the way you manage GRC processes by combining expert-level content and service with easy, no-code technology.

Risk Cloud’s Regulatory Compliance Application can help you stay up to date and compliant with relevant policies, laws, or regulations so that you can protect your assets and avoid violations, legal penalties, and fines.

Simplify Compliance Laws

Clearly define your regulatory categories and overlaps by building a regulatory inventory index
Narrow in on the specific requirements needed for your business
Understand the political landscape and the impact to regulation changes
Organize risk teams together to share details on regulation origins and eliminate the need for spreadsheets

Be Proactive with Regulatory Compliance

Perform compliance risk assessments to identify your major risks and penalties
Keep up to date on changing laws and their associated penalties
Have a plan for regulatory change management
Define the specific compliance tasks needed and assign ownership

Get Back on Compliance Track

Solve current issues and mitigate future risks with Corrective Action Plans (CAP)
Adhere to any regulations you have previously violated
Avoid negative publicity connected with violations and lawsuits from non-compliance
Stop violations from moving further into privacy or consumer data regulations