Regulatory change is often run as a compliance exercise: interpret the rule, write the policy, declare done. The gap between policy and operational reality is where risk lives.
Treating regulatory change as a delivery problem reframes the question: what operating model, controls, data and reporting must change for the organisation to actually meet the obligation?
That means mobilising like a programme, not a project: clear ownership, a target operating model, dependency management and evidence the regulator will accept.
The organisations that do this well do not just comply — they build durable capability that makes the next change cheaper.

