Reviewing Documents During A Regulatory Assessment – The Do's And Don'ts

Digging deep into documents is not just another task in a regulatory assessment – it is often the key to spotting hidden compliance gaps and avoiding risks that could slip through the cracks. Eye for detail is a must for reviewing documents. This, coupled with the right questions, can uncover what's beneath the surface and bring out the ground realities which the management is out to rectify.

Welcome back to our blog series on regulatory assessment experiences. Or, audits, as they are called in common parlance. This four-part series is designed to equip both businesses and auditors with practical techniques to ensure that regulatory assessments go beyond ticking boxes, and actually help organisations strengthen their compliance processes and become more compliant. In the first of this blog series, we explored what it takes for a business to prepare for an assessment. On the second blog we have flipped the lens and examined the same process from an assessor's