Within the updated Regulatory Forecaster, reports are prioritized to allow you to easily see which issues may be most impactful to your organization by default.
You can also determine the Priority of a Regulatory Forecaster for your organization.
The Methodology for Default Regulatory Forecaster Prioritization is as follows:
Using the following outline, our analysts review each item to categorize reports either as High, Medium or Low, or No Impact based on business impact.
HIGH | MEDIUM | LOW | NO IMPACT |
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The development WILL impact the right to operate, require a change in the production process, have substantial cost implications or impact risks/liability of the business, environment or health, in the following (indicative) orders of magnitude (at the scale of one facility/site/product type) | The development COULD potentially or indirectly impact the right to operate, require a change in the production process, have substantial cost implications or impact risks/liability of the business, environment or health. Or, the development is of a significant business interest or added value to the company. The potential impacts or interests involve the following (indicative) orders of magnitude (at the scale of one facility/site/product type) | All other developments, including those that create/modify an administrative obligation or require a change in operating practices. Or, the development is of moderate business interest or potential value to the company. The potential impacts or interests involve the following (indicative) orders of magnitude (at the scale of one facility/site/product type) | No immediate attention. The client should know about the issue, but it does not necessarily affect them. |