Keeping up with regulatory changes is absolutely essential, as the ever-evolving industry, business and legislative environments change.
Changing regulations can be very challenging to keep up with, particularly if you are a small or medium size business. Searching for changing regulations can quickly burden a business, particularly by chewing up time and resources. f95zoneusa
You must ensure you aren’t breaking any regulations while you continue your business efforts. In order to save time, modern and effective solutions must be used.
Here are some quick ways you can keep up with regulatory changes (without chewing through all of your time and resources).
1. Monitor Websites of governing agencies and bodies
Going directly to the source is the best way to make sure that you’re getting the correct information. The original source is comprehensive and hasn’t been simplified or misconstrued, thus is the best place to source your information from.
Some good website agencies to check are the OSHA and EPA, which post changes to their policies directly onto their websites.
These websites help ensure that information does not get lost in translation and also have extra details that other websites may consider less important – such as deadlines involved with the updates.
The challenge with these websites is that there’s often a lot of information to sift through, and not all of it is as good or efficient as you would hope.
There is a solution to this problem, however.
A feed reader can help you automatically scan and curate updates from a variety of different websites, news outlets and blogs, all located in an accessible space. From having access to a feed reader, you can avoid having to check back on these websites every day, and it notifies you of the appropriate information. f95zone
2. Follow regulatory agencies on social media
There are several social media sites that these regulatory bodies use. These include Facebook, Linkedin, Twitter, and even Instagram. These professional companies won’t clog up your feed with spam, and often focus more on their new activities and updates.
If you are allowed to scroll through social media at work, adding these accounts is a great way to catch up on regulatory changes:
DOT – U.S Department of Transportation. @USDOT.
EPA – U.S. Environmental Protection Agency. @EPA.
FDA – U.S Food and Drug Administration. @US_FDA.
OSHA – Occupational Safety and Health Administration. @OSHA_DOL
USDA – Department of Agriculture. @USDA
3. Subscribe to blogs and newsletters
Subscribing to blogs and newsletters is a convenient way to have regulatory updates delivered straight to your email address. This makes updates easy to find, and they are notable enough to be mentioned and sent out by the company itself.
There are many newsletters that you can subscribe to. For example, more than 330,000 subscribers rely on information about workplace safety and health from OSHA Quicktakes, a newsletter from the U.S. Department of Labor.
4. Attend conferences and events
Conferences and webinars are a great way to network and grow your connections, but in the context of changing regulations, the information can be just as valuable.
Since the pandemic, more conferences have shifted to an online space, meaning that you or a designated member of your team can attend conferences, and access the same information.
Conferences can keep your information updated through:
- Ways to implement regulatory changes
- What the regulatory changes are
- Giving you the opportunity to ask any questions
We suggest attending conferences and events if you cannot find the information you seek online. It is a great place to talk to industry professionals, and even to people who make the laws!
5. Implement compliance software
Another way you can ensure that you are complying to standards is by using Governance, Risk & Compliance software. These softwares help your business and employees keep track of your regulatory requirements, and make it easier to maintain data and appropriate documentation.
They are also a great way to standardize your organization, and allow every employee to access information. This ensures compliance is met from the inception of a project, rather than an afterthought.
IntelligenceBank offers a great GRC software, which stores all of your important data in a single, secure location. You can add new regulations, or update your previous compliance processes and practices instantly.
The software offers great features, including risk and compliance registers that allow you to customize your regulation changes. This includes health and safety, conflict of interest, contracts, incidence, PCI compliance and SOC. You can use only what you need, or all of the options. It is completely up to you. f95forum