9 Topics
5 Days
45 Sessions
Programme Overview
Training Description
Who Should Attend
This course is designed for professionals responsible for managing and auditing regulatory change within their organizations, including:
- Compliance Officers
- Internal Auditors
- Legal Counsel
- Risk Managers
- Operations Managers
- Anyone involved in ensuring regulatory compliance
Session Objectives
- Understand the importance of regulatory change management and its impact on organizations.
- Identify and analyze new and changing regulations.
- Assess the organization's regulatory change management framework.
- Conduct audits of the regulatory change management process.
- Develop audit programs and procedures for compliance assessments.
- Evaluate the effectiveness of controls designed to address regulatory changes.
- Monitor and report on the implementation of regulatory changes.
- Develop recommendations for improving the regulatory change management process.
- Communicate audit findings effectively to management and the board.
- Collaborate with business units on regulatory change initiatives.
- Stay up-to-date with the latest regulatory changes and best practices.
- Contribute to a stronger compliance culture within their organizations.
- Enhance their understanding of regulatory compliance.
- Become a more valuable and sought-after compliance professional.
- Understand how to use technology to manage regulatory change.
About the Course
Organizations constantly face evolving regulatory landscapes. This comprehensive training course on Regulatory Change Management Audit equips participants with the specialized knowledge and skills to effectively audit the process of adapting to new regulations. Participants will learn how to assess an organization's regulatory change management framework, identify potential gaps, conduct audits, and provide valuable insights to ensure smooth transitions, minimize compliance risks, and maintain operational efficiency. This course bridges the gap between regulatory requirements and audit practices, empowering participants to become valuable assets in navigating the dynamic regulatory environment.
Curriculum & Topics
9 Topics | 45 Sessions
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Workshop 1.1:
The importance of regulatory change management in today's business environment.
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Workshop 1.2:
Consequences of failing to adapt to regulatory changes.
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Workshop 1.3:
Key components of an effective regulatory change management program.
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Workshop 1.4:
The role of audit in ensuring regulatory compliance.
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Workshop 1.5:
Understanding the regulatory landscape and its complexities.
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Workshop 2.1:
Methods for identifying new and changing regulations.
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Workshop 2.2:
Analyzing the impact of regulatory changes on the organization.
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Workshop 2.3:
Prioritizing regulatory changes based on risk and impact.
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Workshop 2.4:
Using legal resources and databases for regulatory research.
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Workshop 2.5:
Staying informed about emerging regulatory trends.
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Workshop 3.1:
Evaluating the organization's regulatory change management process.
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Workshop 3.2:
Identifying gaps and weaknesses in the framework.
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Workshop 3.3:
Assessing the effectiveness of controls designed to address regulatory changes.
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Workshop 3.4:
Benchmarking the framework against industry best practices.
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Workshop 3.5:
Documenting the assessment findings.
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Workshop 4.1:
Defining the scope and objectives of the audit.
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Workshop 4.2:
Identifying key audit areas and procedures.
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Workshop 4.3:
Developing audit checklists and questionnaires.
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Workshop 4.4:
•Planning the audit timeline and resources.
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Workshop 4.5:
Communicating the audit plan to stakeholders.
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Workshop 5.1:
Gathering and analyzing audit evidence.
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Workshop 5.2:
Conducting interviews with key personnel.
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Workshop 5.3:
Reviewing documentation and records.
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Workshop 5.4:
Testing the effectiveness of controls.
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Workshop 5.5:
Documenting audit findings and observations.
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Workshop 6.1:
Understanding different types of controls (preventive, detective, corrective).
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Workshop 6.2:
Assessing the design and implementation of controls related to regulatory changes.
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Workshop 6.3:
Testing the operating effectiveness of controls.
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Workshop 6.4:
Identifying control deficiencies and their potential impact.
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Workshop 6.5:
Recommending improvements to control design and effectiveness.
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Workshop 7.1:
Tracking the implementation of regulatory changes.
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Workshop 7.2:
Monitoring the effectiveness of implemented controls.
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Workshop 7.3:
Reporting on the status of regulatory change projects.
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Workshop 7.4:
Communicating regulatory change updates to stakeholders.
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Workshop 7.5:
Using key risk indicators (KRIs) to monitor regulatory change risks.
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Workshop 8.1:
Developing clear and concise audit reports.
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Workshop 8.2:
Communicating audit findings to management and the board.
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Workshop 8.3:
Providing actionable recommendations for improvement.
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Workshop 8.4:
Following up on audit recommendations and implementation.
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Workshop 8.5:
Presenting audit findings effectively to different audiences.
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Workshop 9.1:
The impact of technology on regulatory change management.
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Workshop 9.2:
Using data analytics for regulatory monitoring and compliance.
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Workshop 9.3:
Automation of regulatory change processes.
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Workshop 9.4:
Global regulatory change management considerations.
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Workshop 9.5:
Best practices for building a world-class regulatory change management program.
