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​A Plan for Regulatory Change

Online Exclusives Nancy Haig Feb 11, 2020

A top-down assessment model can help internal auditors keep tabs on regulations and ensure the organization is prepared for what lies ahead.

​Noncompliance with laws and regulations carries potentially steep consequences for organizations. Fines, penalties, sanctions, debarment, and public relations nightmares are among the many impacts of compliance failure, not to mention the reputational damage and loss of business that may occur. Moreover, failure to identify and consider laws and regulations may result in missed business opportunities and lack of strategic alignment. In many ways, neglecting to address and manage regulatory change can lead to significant organizational harm. 

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Nancy Haig


Most recently implemented and led both the internal audit and compliance functions for a global professional services firm. While at the firm, she also successfully implemented an internship program, mentoring nearly 20 students. She currently serves the internal audit profession as a member of The IIA’s North American and Global Boards of Directors.