How do you stay up-to-date with the ever-changing regulatory landscape to ensure ongoing compliance?
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My answer to this question is similar to the one about managing compliance with international regulations when distributing products globally. Just like my answer to that question, it comes down to utilizing available services and products to stay updated on regulations in other countries, having a comprehensive network of outside counsel, and having appropriate subject matter experts on your team.
Thanks for your response, Tim! I'm linking the question you referenced so your peers can easily access your detailed answer: https://www.gartner.com/peer-community/post/how-manage-compliance-international-regulations-distributing-products-globally
A few suggestions: 1. CLE 2. Professional networks 3. Sign up for relevant law firm practice group newsletters/updates. (The firms regularly provide guidance on regulatory changes). 4. Subscribe to industry-specific publications and journals that focus on regulatory updates and compliance matters. 5. Follow relevant industry experts, law firms, and other thought leaders on LinkedIn.
Use professional networks. Follow leaders on LinkedIn. Use technology to help you ensure compliance and to help you understand what is required to comply with different regulatory regimes.