LEGISLATIVE & REGULATORY CHANGE

Monitor for Change

The first challenge is knowing that something material has changed — or may be about to change. AI can help a firm systematically monitor appropriate authoritative sources without positioning the firm as a legislative-news publisher.

Know what has changed, and where it sits in the lifecycle

Each step helps turn a large, distributed response into work that is easier to prioritise, review and complete.

Monitor appropriate authoritative source categories, including taxation authorities, Treasury and government departments, regulators, legislation and parliamentary material, official consultation or exposure-draft material, regulator guidance and other relevant sources.

Detect potentially material developments, classify their illustrative status — such as proposed, consultation, bill introduced, amended, enacted, in effect, guidance updated, delayed, superseded or repealed — and compare new versions with earlier material. Proposed is not the same as law.

Route developments to appropriate professionals, retain a record of subsequent changes and identify which client areas may warrant investigation. If the position changes again, trigger further professional review rather than automatically changing advice.

Could your firm respond more systematically?

Talk with ScaleEnabler about the change, client impact and practical opportunity for your firm.

Talk to ScaleEnabler