All our work in regulatory risk follows a regulatory change methodology that has been developed over many years by the company and includes various systems, tools templates and frameworks that add considerable value to the contracting experience of our clients. This work with clients is predominantly on a time and materials, full-time basis where projects are involved or on a needs basis where consulting and guidance is being provided. Where our systems are applied during contracting, they are mostly charged on a usage basis.
Example of a regulatory change initiative
We have a standard approach that commences with a Client Engagement Phase where we establish the contract with the client and confirm scope, deliverables, timelines, resourcing and pricing.
The standard phases we normally follow for a typical project to implement a regulatory change initiative are shown below and can be modified to suit the specific circumstances of each client.
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