Regulatory compliance is the adherence to laws, regulations, guidelines and specifications relevant
to an organization’s business processes. It has always been a challenge to organizations since it has a
significant influence on corporate planning, such as strategic objectives, policies, procedures, risk
management, performance measurement and improvement. Regulatory compliance can also affect
the organization’s reputation, customer satisfaction, stakeholder confidence and legal liability.
Therefore, organizations need to establish, implement, maintain and improve a business continuity
management system (BCMS) that meets the requirements of ISO 22301 and other applicable
regulations. Reference: ISO 22301 Auditing eBook, Chapter 1: Introduction to Business Continuity
Management Systems (BCMS), Section 1.2: Regulatory Compliance, page 9.