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- Regulatory Change Management
- Who it's for
- Multi-entity organizations
Multi-entity organizations
A group operating through several organizations needs to know which entity a regulatory change affects. The rule change and assessment both carry an organization link. Business units and team members belong to organizations too, so the team can frame each case around the people and operations that must respond. Operations Overview can show authorized work across those organizations.
How Regulatory Change Management is set up for you
Separate scope
Record a change against the entity responsible for its implementation, then choose the assessment and business unit that will carry the work.
Named ownership
Assign an assessment owner and control owners who can answer questions about test evidence.
Comparable timing
Use effective dates and assessment periods to coordinate work that reaches entities on different schedules.
Review history
Keep the independent decision and operation receipt tied to the assessed revision.
A group operating through several organizations needs to know which entity a regulatory change affects. The rule change and assessment both carry an organization link. Business units and team members belong to organizations too, so the team can frame each case around the people and operations that must respond. Operations Overview can show authorized work across those organizations.
Start with one organization and one active business unit. Enter a published rule change with its authority and source citation. Create an assessment with an owner, period and scope statement. Link the relevant risks and controls, then perform one control test. Ask the reviewer to inspect the evidence, decision and any operation receipt before repeating the pattern for another entity.
When similar changes affect more than one entity, create distinct records for the organizations that must act. This keeps owner, period and review outcome clear. Use the organization code and business unit code consistently so people can locate the right case without relying on the title alone. Record the source publication once in each case that needs its own implementation decision.
Features to start with
Roles on the team
- Independent Assurance Reviewer
- Review eligible revisions independently and reconcile operational evidence.
- Control Owner
- Prepare assigned operational records and execute eligible reviewed actions.
Set up Regulatory Change Management your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.