The volume of regulatory change facing UK financial services firms has never been greater. Managing it in a structured, evidenced way is where most firms still rely on manual processes. 

Most firms manage regulatory change informally – monitoring regulator websites, forwarding updates by email and assigning actions ad hoc – which lets things slip as the pace increases. Managing it in a structured way means bringing updates into one place, assessing relevance, assigning actions with owners and deadlines, and evidencing the firm’s response. My Compliance Centre’s Regulatory Change Management module does this through an automated feed from the FCA and other bodies, with AI summaries to speed up review, turning an informal process into an auditable programme.

The automated data feed brings in updates from the FCA, PRA, PSR, ICO and international bodies such as the SEC and EBA directly into the platform, so your team is not monitoring multiple regulator websites manually. The updates arrive in one place, ready to be categorised, assessed and actioned.

Each regulatory update is summarised by AI so your team can grasp the key points without reading every document in full. The summary is a starting point that saves time on a time-consuming task – it points you to what matters and your team applies its own judgement to the detail and to what the update means for your firm. The full source document is always available alongside the summary.

For each regulatory development, you assign actions with owners and deadlines and record what your firm decided and did in response. The result is a structured, auditable record of how your firm has managed its regulatory change obligations – so when a regulator or auditor asks how you handle regulatory change, the answer is in the system rather than reconstructed from memory and email.

It can be. Smaller firms face the same volume of regulatory change as larger ones but usually with fewer people to manage it, which is where an informal, manual approach starts to let things slip. The module is one part of the wider platform, so a smaller firm can use regulatory change management alongside monitoring, registers and governance rather than buying a standalone system for it.