A Regulatory Collaborative Ecosystem

Compliance, business groups such as analysts and technology teams, as well as regulators often work in silos, leading to inefficiencies, delays and increased costs. A more collaborative approach could streamline processes and reduce risk, but adoption is always going to be a challenge.

I have been exploring how these stakeholders interact, and it seems like communication gaps can cause a lot of problems that can have a downstream impact on interpreting the correct regulatory requirements, whether it be from the regulator, or what the technical team is meant to be translating.

Could this be the right time to introduce a communications hub between Compliance, technologists, regulators and policymakers?

Regulation isn't just about rules - it's about trust. The future of compliance depends on how well we collaborate. In a world of increasing regulation, the real risk is miscommunication. I believe it is time to change that.