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Glossary definition: Global Regulatory Management

Global Regulatory Management: Strategies & Compliance

Global Regulatory Management is the process of managing and coordinating the various regulations, policies, and procedures that govern the business activities of an organization on a global scale. It involves the monitoring and assessment of the compliance of an organization’s activities with the applicable laws and regulations, both domestic and international. It also includes the management of the organization’s relationship with its regulatory bodies, such as the FDA and EPA, and other government agencies, as well as the development of strategies for responding to changes in the regulatory environment. Global Regulatory Management is an important part of any organization’s risk management strategy and is essential for the successful operation of a global business.