Regulatory Change Management Framework 

Enterprise operating model for continuous regulatory change and strategic advantage

• Who it’s for: Executive leaders building a bank‑wide capability: CCO, COO/CAO, CRO, Head of Transformation/Change 

• When to use: To standardise horizon scanning, intake, governance, PMO control, delivery assurance, evidence, and benefits realisation across all regulatory programmes 

• Outcome: A scalable, auditable operating model that lowers total cost of change, accelerates delivery, and strengthens regulator confidence 

Why every bank needs a Regulatory Change Management Framework 

• Regulatory change is constant and enterprise-wide, spanning products, customers, data, technology, resilience, and reporting across jurisdictions. 

• One-off projects don’t scale — they drive duplication, missed dependencies, higher costs, delays, and weak supervisory evidence. 

• Regulators now expect end-to-end traceability: obligation → design → data → controls → testing → outcomes, consistently portfolio-wide. 

• Delivery capacity is constrained; overlapping programmes and legacy platforms require a common operating model to maintain pace. 

What this Framework does? 

• Standardises how regulatory change is identified, assessed, governed, delivered, and evidenced. 

• Establishes a repeatable, always-on way of working so each new rule is faster, cheaper, and more reliable. 

• Provides portfolio visibility and audit-ready evidence that strengthens board and supervisor confidence. 

The payoff 

• Lower total cost of regulatory change. 

• Fewer collisions and delays across programmes. 

• Stronger, consistent compliance outcomes at scale. 

Why a Framework Matters? 

• Complexity and scrutiny have surged: multi-jurisdiction rules, shorter timelines, and higher evidence bars make ad hoc responses untenable. 

• Without a common model, work fragments, dependencies are missed, and scarce capacity is wasted. 

• A unified framework enforces portfolio traceability, coordinates risk/ops/tech/finance/compliance and unlocks strategic upside: faster time-to-comply, improved audit readiness, and freed capacity for transformation. 

Core Components of the Regulatory Change Management Framework 

1. Horizon Scanning: Identifying regulatory change early 

Global banks must continuously monitor emerging regulations, consultation papers, supervisory statements, industry guidance and enforcement trends across multiple jurisdictions. 

Key Activities 

1. Regulatory intelligence gathering and monitoring of regulators and industry bodies 

2. Regulatory inventory management 

3. Change classification and prioritisation 

4. Preliminary impact analysis 

Critical Success Factors 

1. Centralised regulatory repository 

2. Standardised taxonomy 

3. Regulatory ownership model 

4. Automated automation 

5. Cross-functional stakeholder engagement 

How Brickendon Helps 

Brickendon helps clients establish scalable regulatory monitoring capabilities through: 

• Regulatory operating model design 

• Regulatory inventory creation 

• Target-state governance frameworks 

• Regulatory change process optimisation 

Our consultants combine regulatory expertise with delivery pragmatism, ensuring that identified changes move seamlessly into assessment and implementation. 

2. Impact Assessments: Turning regulation into actionable change 

Once regulatory changes are identified, banks must determine precisely what those changes mean for their organisation. 

Effective impact assessments evaluate impacts across business, operations, technology, and risk/compliance. 

Portfolio Intake Criteria (from Mobilisation Toolkit): Programmes enter the portfolio upon submission of a completed Mobilisation Toolkit which includes: 

1. Approved scope baseline 

2. Impact Assessment Matrix 

3. Delivery Complexity Assessment 

4. Dependency log 

5. Stakeholder register 

6. Executive Recommendation with plan and budget 

How Brickendon Helps 

Brickendon delivers comprehensive impact assessment capabilities by bringing together: 

• Subject matter experts 

• Business analysts 

• Transformation specialists 

• Regulatory SMEs 

The result is a structured assessment process that creates clear implementation roadmaps and regulatory traceability from requirement to solution. 

3. Governance: Creating transparency, accountability and control 

Governance must operate across three dimensions: 

1. Regulatory governance: interpretation approvals, compliance sign off, regulatory engagement 

2. Programme governance: Steering Committees, Design Authorities, Change Control Boards 

3. Executive governance: senior accountability, risk oversight, investment decisions 

How Brickendon Helps 

Brickendon designs and implements governance structures that align with: 

• Regulatory expectations 

• Existing organisational frameworks 

• Enterprise change standards 

• Risk and compliance models 

Our approach creates a balance between control and delivery agility, ensuring that governance accelerates rather than hinders execution. 

4. Delivery Execution: Converting regulatory requirements into business outcomes 

Successful delivery requires: 

1. Programme management: mobilisation, planning, resourcing, and financial control. 

2. Transformation: process redesign, technology delivery, data remediation, change management. 

3. Regulatory traceability: requirement mapping, control implementation, testing/validation, evidence management. 

How Brickendon Helps 

Brickendon specialises in large-scale regulatory transformations by combining: 

• Programme management expertise 

• Regulatory knowledge 

• Transformation delivery capabilities 

• Banking domain experience 

We provide end-to-end support, from mobilisation through implementation and regulatory readiness, ensuring that regulatory obligations translate into sustainable business outcomes. 

Enterprise Governance and Assurance (Operating Model) – Sample Framework 

1. PMO Vision 

Provide governance, transparency, control and delivery assurance across regulatory programmes while enabling successful implementation of regulatory obligations. 

2. Governance Structure 

Executive Sponsor → Programme Steering Committee → Programme Director → PMO Lead → Risk Lead, Technology Lead, Operations Lead, Compliance Lead, Change Lead 

3. Governance Forums 

4. RAID Management Framework 

• Risks: Track events that may impact delivery 

• Assumptions: Document implementation assumptions requiring validation 

• Issues: Track active delivery problems requiring management attention 

• Dependencies: Monitor relationships across workstreams and programmes 

Escalation path: Workstream → Programme Manager → PMO → Programme Board → SteerCo 

5. Steering Committee (SteerCo) Framework 

• Objectives 

• Strategic oversight 

• Decision making 

• Budget approvals 

• Risk review 

• Regulatory readiness review 

• Standard Agenda 

• Executive Summary 

• Programme Health 

• Milestone Status 

• Regulatory Update 

• Key Risks and Issues 

• Dependencies 

• Decisions Required 

• Benefits Realisation 

• Next Steps 

6. Dependency Management Framework 

• Internal Dependencies: Technology releases, data sourcing, policy approvals, control implementation, testing environments 

• External Dependencies: Regulatory publications, vendor deliveries, third parties, industry groups 

Tracking: 

7. Benefits Tracking Framework 

• Regulatory benefits: Regulatory compliance achieved, findings reduced, improved controls 

• Operational benefits: Process efficiency, reduced manual activity, improved reporting quality 

• Strategic benefits: Better customer outcomes, increased resilience, improved data management 

Benefits Lifecycle: Identify → Quantify → Approve → Track → Validate → Realise 

Benefits Register: 

8. Regulatory Evidence Model (Audit‑Ready by Stage) 

• Interpretation: interpretation papers, decision logs 

• Design: requirement‑to‑control traceability, TOM artifacts 

• Testing: test protocols, results, defect triage, data quality evidence 

• Implementation: go‑live approvals, control effectiveness checks, handover records 

• Repository and ownership: centralised evidence store with control owners and retention policy 

9. Framework–Toolkit Handshake (Feeding and Scaling Delivery) 

• The Framework mandates the Mobilisation Toolkit for all new regulatory intakes to standardise quality and accelerate execution. 

• The Framework provides the governance runway, portfolio visibility, assurance, and benefits tracking that the Toolkit hands into. 

Bringing Together Regulation, Project Management and Transformation 

The most successful regulatory change programmes integrate: 

• Regulation: intelligence, obligations, policy, supervisory engagement 

• PMO: planning, RAID, reporting, stakeholder and dependency management 

• Transformation: process optimisation, technology implementation, operating model redesign, adoption/change 

Why Global Banks Choose Brickendon 

Brickendon has extensive experience supporting Tier 1 financial institutions across: 

• Prudential regulation 

• Operational resilience 

• Risk and controls 

• Regulatory reporting 

• Data governance 

• Digital and operational transformation 

Our consultants combine regulatory expertise with practical delivery experience, enabling clients to: 

• Establish sustainable Regulatory Change Management Frameworks 

• Improve horizon scanning and regulatory intelligence 

• Conduct comprehensive impact assessments 

• Enhance governance and accountability 

• Deliver complex regulatory programmes successfully 

• Provide regulators with clear implementation evidence 

• Transform regulatory compliance into strategic advantage