Can anyone tell me how do a regulatory product compliance specialist keeps track of or monitors changes in regulatory standards or updates for the product compliance at both federal and state level? Do they use any research tool or subscribe to any newsletter from federal and state website? Need insight. Kindly help. #product compliance #regulatory affairs #product safety and compliance
Thereโs a few options. First question though: are you an in house attorney with AMD? If not, Iโd reach out to them, as they likely have a process setup to monitor exactly what youโre looking for. That aside: State by state: you need to figure out what agency in each stage regulates your product. Usually, you can sign up for emails from the agency whenever new rules are proposed (although these most likely wonโt be specific to your product, so youโll get alerts for rules that have nothing to do with you. The state legislature can/may also make regulatory changes. You can set up keyword alerts on some state legislative websites. This is the same at the federal level: figure out the agency, set up alerts when new rules are proposed (although the federal process is a lot more complex than a particular stateโs process). This is obviously a lot of work on the front end, but it only costs your time and you arenโt relying on anyone else. Engage a national law firm: law firms with a national presence will have boots on the ground in every/most states that monitor rules and new legislation and inform you of the same. For legislation this is relatively simple and the fee shouldnt be to high (relatively). Agency based rules are usually treated differently fee wise though. Industry Mag/newsletter/publication: if the industry is big enough there are often industry news pubs (usually requiring a subscription) that have these type of alerts. These are ok for a โheads upโ aspect, but not the โwhat it meansโ part. Following reporters on X that cover your industry is always a good move, as sometimes youโll catch things that way (but obviously this isnโt a substitute for any of the above 3).