Elements and Performance Criteria
- Develop organisational strategy for building effective relationships with regulatory and industry bodies
- Analyse legislative requirements and compliance and reporting obligations for all regulatory bodies relating to organisational activities
- Identify and determine strategic benefits for the organisation in fostering relationships with relevant industry bodies
- Evaluate organisational protocols, policies and procedures for interacting with regulatory and industry bodies
- Monitor and assess the effectiveness of interactions and relationships with regulatory and industry bodies
- Implement effective reporting systems
- Establish reporting systems that deliver information and data that meets regulatory body requirements
- Establish access controls, including delegated authorities, for reporting information and data to regulatory bodies
- Manage and implement organisational policies and procedures for reporting information and responding to feedback on organisational performance and enforcement action, where relevant
- Ensure regulator is advised promptly of any difficulties in fulfilling reporting or compliance requirements
- Implement procedures to review vulnerabilities within reports and data quality to ensure accuracy of information and compliance with requirements
- Review regulatory and industry body benchmark data and take action to address issues relevant to the organisation
- Manage relationships and communications with regulators and industry bodies
- Oversee processes for managing communications with regulatory and industry bodies ensuring procedures for checking correct authority and controls are implemented
- Foster relationships and participate in collaborative communities and partnerships
- Contribute to the development of industry codes of conduct and guidelines and to industry body responses to regulatory consultations
- Demonstrate a high standard of personal performance and conduct in professional activities and project a positive image of the organisation
- Manage reporting to senior management and/or Board about regulatory or industry activity