International Regulatory Compliance Print E-mail
Global businesses operate within the regulatory regimes of multiple countries.  While companies operating within regulated industries are subject to the individual requirements of the regulatory agencies of the countries in which they operate, many will also be subject to requirements from a single country on a global basis.  For example, a US-based global financial institution might be subject to world-wide capital requirements from the Office of the Comptroller of Currency (OCC) in the U.S., yet subject to the Financial Services Authority (FSA) in the U. K., and the Hong Kong Monetary Authority (HKMA) for operations in those countries.  In addition to myriad regulations, global organizations often have regulatory staff with local knowledge in some countries, but not others; and communication among regulatory staff across countries is often ad-hoc, siloed or nonexistent.

Is there an efficient way to manage all or most regulatory requirements within a standard process?  Should regulatory compliance be managed centrally or regionally?  Which is more effective?  Which is more efficient?  How can we create a regulatory process integrated with our sales and operational processes?

Red Bridge Strategy helps clients develop strategies to categorize and understand requirements in order to integrate them into operational processes.  By analyzing and classifying regulations clients can optimize both their levels of process standardization and their staff allocations.  These analyses and organizations result in improved regulatory efficiencies and effectiveness.