In a business context, the regulatory environment refers to the legal and political forces that change the regulations to which the company must adhere.
A general regulatory environment document outlines the rules and regulations that govern your company’s business operations across jurisdictions, and the consequences of any non-compliance. Learn more: Corporate Compliance Management
The document outlines the regulatory frameworks that impact your company and the key regulators that oversee those frameworks. It also indicates any historical, or upcoming decisions and projects that have been or may be impacted by the regulatory environment, and any anticipated impact on your company.
These regulations govern the financial, operational, technological and legal aspects of your company and vary across business, industry and geography.
They may be set by federal, state or other government entities; public organizations; or a relevant industry bodies.
A general regulatory environment document enables your company to:
A general regulatory environment document is important for an event tomorrow, as it helps: