Several significant regulatory developments have emerged globally that businesses must be aware of. Ongoing regulatory changes only highlight the importance of staying informed and adapting to new compliance requirements to ensure business resilience and ethical operations in a rapidly evolving landscape.   Here are five key regulations to know:  FCA’s Consumer Duty for Closed Products and Services  The UK Financial Conduct Authority (FCA) Consumer Duty, which ...

Monitoring evolving regulations is a strategic business advantage. Doing so helps businesses stay compliant, manage risks effectively, and maintain a competitive edge. Understanding and adapting to new regulations can also prevent legal issues, enhance operational resilience, and build stakeholder trust. In short, it’s about how you can leverage regulatory change as opportunities for growth and improvement.  Here are five of the many regulations organizations must ...

The U.S. Governance, Risk Management, and Compliance (GRC) landscape is evolving rapidly in 2024 with new regulations. These regulations require stricter data privacy protections and enhanced consumer rights. Organizations must strengthen their data security and consumer privacy commitment or face penalties. Here are a few examples of new 2024 U.S. GRC regulations:  Utah Consumer Privacy Act (UCPA): Effective December 31, 2023, this is a business-friendly data ...