Regulatory Change Management Flashcards
On average, an organization adheres to how many regulations?
3-10
Regulatory changes are sourced from either…
regulatory intelligence providers or public RSS feeds
what role can create ad-hoc regulatory alerts manually?
sn_grc_reg_change.manager
which 2 roles can import multiple regulatory event alerts?
sn_grc_reg_change.admin or sn_grc_reg_change.it_admin
what is the process of scanning the regulatory horizon for regulatory amendments and sending notifications of regulatory alerts?
horizon scanning
RSS feeds result in ___ alerts and third party regulatory intelligence provide____ alerts
regulatory event, source document
What is the regulatory alert lifecycle?
new, deferred, impact assessment, in progress, closed, canceled
who can assign an alert record?
sn_grc_reg_change.admin and sn_grc_reg_change.manager
Which role initiates and assigns impact assessments and creates action tasks for risk and compliance users to complete?
sn_grc_reg_change.user
sn_grc.business_user’s RCM-specific activities include…
respond to impact assessments assigned to them
What is the RCM process flow?
integration setup, internal taxonomy, review alerts, impact assessment, action plan development, task completion
must have what role to view the rcm landing page in the Compliance Workspace
sn_grc_reg_change.manager
