Requirement Details & Guidance
REG-002-R002 · REG-002Why This Requirement Exists
This requirement exists to identify relevant regulatory developments promptly and support complete, consistent, and auditable regulatory intelligence.
Implementation Guidance
Define authoritative sources, monitoring frequency, accountable roles, relevance criteria, triage thresholds, alerting, evidence requirements, and human review. Integrate monitoring with the obligations library and regulatory change workflow.
Practical Application & Audit Readiness
REG-002-R002 · Field GuidanceBusiness Examples
A multinational organization monitors regulator websites, official publications, and jurisdiction-specific feeds, then routes potentially relevant changes to Compliance for validation.
Common Audit Findings
Regulatory sources are incomplete, monitoring frequency is undefined, or evidence of monitoring and triage is missing.
Common Mistakes
Relying on manual searches alone; monitoring secondary summaries without authoritative-source validation; generating alerts without relevance criteria or human review.
Best Practices & Ownership
REG-002 · Recommended ApproachRecommended Practices
Maintain an authoritative source inventory, defined monitoring frequency, automated alerts, relevance criteria, escalation thresholds, and retained monitoring evidence.
Typical Owner
Compliance / Regulatory Affairs
Cross-Mapped Regulatory Frameworks
Harmonized Control Mappings| FRAMEWORK CODE | FRAMEWORK NAME & DETAILS | FAMILY / CATEGORY | VERSION | ACTION |
|---|---|---|---|---|
| COBIT2019 | COBIT COBIT is an enterprise governance and management f... Clause: 4.5 – Monitor, Evaluate and Assess (MEA) > MEA03 – Managed Compliance With External Requirements > MEA03.01 – Identify external compliance requirements. |
COBIT
Governance Framework
|
v2019 | View → |
| ISO22301 | ISO/IEC 22301 ISO 22301 specifies requirements for a Business Co... Clause: 4.2.2 – Legal and regulatory requirements |
ISO
Standard
|
v2019 | View → |
| NIST-CSF | NIST Cybersecurity Framework (CSF) The NIST Cybersecurity Framework provides high-lev... Clause: GV.OC-03 – Organizational Context |
NIST
Framework
|
v2 | View → |
Parent Domain Context
Governance Domain BaselineDomain Name:
Regulatory Change Management (REG)
Purpose:
To systematically identify, track, and assess changes in relevant laws and regulations to ensure the organization remains compliant.
Scope:
Enterprise
Parent Control Context
Control BaselineControl Name:
Automated Regulatory Monitoring & Intelligence (REG-002)
Summary:
Establishes automated monitoring of authoritative federal, state, national, and international regulatory sources, with filtering, relevance assessment, alerting, and human review of potentially applicable changes.
Business Description:
Monitor authoritative regulatory sources across relevant jurisdictions and identify, collect, and triage regulatory updates using automated monitoring and relevance-scoring capabilities.