Regulatory Compliance Framework
Comprehensive Compliance Planning and Tracking System
Compliance in Waterfall Projects
Traditional waterfall methodology provides natural compliance checkpoints through its structured phase approach. Regulatory requirements can be systematically addressed at each phase gate, ensuring comprehensive compliance coverage.
🎯 Waterfall Compliance Advantages:
- • Clear audit trails through documented phases
- • Systematic requirement traceability
- • Predictable compliance checkpoints
- • Comprehensive documentation standards
- • Structured approval workflows
⚠️ Key Compliance Considerations:
- • Early identification of regulatory requirements
- • Integration of compliance into project planning
- • Regular compliance review meetings
- • Documentation of compliance decisions
- • Ongoing monitoring and reporting
Financial Services - Key Compliance Considerations
Primary Frameworks:
SOXISO27001GDPR
Key Considerations:
- • Regulatory capital requirements
- • Stress testing compliance
- • Anti-money laundering (AML)
ISO 27001 - Information Security Management
International standard for information security management systems
Compliance Progress
0%
Key Controls & Requirements:
Access Control Management
Cryptography Implementation
Physical Security Controls
Incident Response Procedures
Business Continuity Planning
Compliance Tracking Matrix
Track your project's compliance progress through each phase. Document evidence and notes for audit purposes.
Establish ISMS Policy & Scope
Phase: Planning
⏳ Pending
Implement Security Controls
Phase: Implementation
⏳ Pending
Monitor & Review Performance
Phase: Monitoring
⏳ Pending
Continual Improvement Process
Phase: Improvement
⏳ Pending
Compliance Risk Assessment
| Risk Category | Impact | Likelihood | Mitigation Strategy | Owner |
|---|---|---|---|---|
| Regulatory Non-Compliance | High | Medium | Regular compliance reviews, expert consultation | Compliance Officer |
| Documentation Gaps | Medium | Medium | Standardized templates, regular audits | Project Manager |
| Control Implementation Delays | Medium | Low | Early planning, resource allocation | Technical Lead |
| Audit Findings | High | Low | Internal audits, continuous monitoring | Quality Assurance |
📋 Implementation Checklist
Identify applicable regulatory frameworks
Conduct compliance gap analysis
Integrate compliance into project plan
Establish compliance review board
Develop compliance documentation templates
Train team on compliance requirements
Schedule regular compliance audits
Implement monitoring and reporting
🎯 Best Practices
- • Early Integration: Include compliance from project initiation
- • Expert Consultation: Engage compliance specialists early
- • Documentation Standards: Maintain comprehensive audit trails
- • Regular Reviews: Schedule periodic compliance assessments
- • Risk Management: Proactively identify compliance risks
- • Training Programs: Ensure team compliance awareness
- • Continuous Monitoring: Implement ongoing compliance tracking
- • Change Management: Update compliance for scope changes