Regulation may have a big influence on how businesses operate, which is why administrators and decision-makers need to know how the regulatory environment is constantly changing and what role it plays in a particular sector. The Regulation Strategy online course is aimed at giving regulators and people working in regulated sectors a solid understanding of regulation strategy's major elements and procedures.
According to the Research and Markets report, The worldwide risk, governance, and compliance market is expected to be worth $ 29.2 billion in 2020. The Regulation Strategy Training from The London School of Economics Training provides applicants with the understanding of important tools to help them think rationally about how regulations must be developed and reviewed.
The Regulation Strategy syllabus teaches learners to identify threats to compliance issues as well as how to resolve issues. Students will examine legal and policy regulations from a realistic and interdisciplinary standpoint. Using cross-national and cross-sectoral examples, this course helps students from a variety of backgrounds to develop highly transferable skills to remain informed in an ever-changing profession.
To qualify for the Regulation Strategy certification, Learners should finish the online learning modules, submit projects and tasks included in the course, and participate in online formative tasks including assessments, tests, research reports, live surveys, and other informative activities. Assessment of students depends on the progression of submitted activities and tasks. The entirety of the rules recorded in the course manual should be met to qualify for the certification. At the time of registration, the coursebook will be given to applicants.
What you will learn
LeadershipDecision making skillsBusiness Management
After completion of the Regulation Strategy course for beginners, Candidates will obtain a contextualized knowledge of compliance and regulation, as well as the capacity to critically analyze the evolving regulatory framework and its impact on you and your business. Candidates will acquire insight into the challenges, opportunities, and regulatory solutions related to the organization, as well as improve their ability to execute risk management and detect risks that impact their organization's compliance. Candidates will learn about the concept underlying regulation, which will be guided by experts from the LSE's Faculty of Law.
To enrol in the Regulation Strategy online certification course from the London School of Economics, follow the steps mentioned below:
Follow the official URL to open the Regulation Strategy official course page
Tap the ‘Register Now’ button to begin the registration process
Mark the consent box to agree with terms and continue
Make a profile on the provider’s portal
Fill in the billing address information and optional sponsor details
Pay the fee amount and start learning online
The Syllabus
Interpret different regulatory rationales in practical contexts
Recognise the differences between social and economic rationales for regulating
Recognise why not all regulators will regulate in response to the same information
Explain the opportunities and drawbacks of taking precautionary action
Identify a range of regulatory approaches within the precautionary spectrum
Discuss creative strategies for regulating a problem
Recognise critiques of traditional command and control methods of regulation
Articulate the merits of different regulatory change management strategies
Select a regulatory strategy that provides the most effective measures for the needs of its context
Deduce the relative strengths and weaknesses of regulatory strategies, based on rules, standards, and principles respectively
Determine the relative strengths and weaknesses of alternative sources of regulation
Identify alternatives to traditional regulation strategies, such as markets, liability, and consumer empowerment
Determine how nudging can be used as a form of regulatory control
Recommend a nudge strategy to ensure compliance based on the needs of the context
Classify nudge strategies encountered in day-to-day life, and their relative effectiveness
Discuss the perception of risk over time and in different sectors and regions
Recognise the influences of a risk paradigm on regulatory approaches
Determine the effectiveness of risk-based regulation
Determine when to intervene in the development of risk
Apply the theory of risk-based regulation to determine an appropriate distribution of resources
Analyse the risk factors that have contributed to a regulatory decision
Determine appropriate interventions for addressing low risks
Determine the suitability and effectiveness of regulatory measures within a sector
Describe compliance motivations and the factors that lead to voluntary compliance
Determine the position of enforcement within the regulatory process, with regards to strategic choices and intervention methods
Analyse the compliance pull of regulation within a sector
Articulate the strengths and weaknesses of different enforcement approaches
Evaluate a sector’s suitability for self-regulation and self-enforcement
Articulate how regulators can secure legitimacy and support
Outline how regulatory quality can be evaluated
Review regulatory improvement and reform
Recommend a smart design for effective regulatory control given the characteristics of an issue
Investigate the regulatory impact assessment method and its application
Discuss the relationship between regulators and accountability
Review the foundations of regulatory accountability
Illustrate how regulators ensure an optimal level of access to their processes
Evaluate the various dimensions of public participation
Critique the transparency requirements for a regulatory policy
Draft a plan for public participation that strengthens the contribution of consumers as standard-setters and enforcers of market behaviour
Determine which strategies and tools are available for transnational regulation
Identify the drivers of transnational regulation
Apply an actor-based approach to map the transnational regimes affecting a regulatory sector
Assess the legitimacy of transnational regulation
Analyse the particular enforcement challenges and opportunities faced by transnational regulators
Instructors
LSE Frequently Asked Questions (FAQ's)
1: What is a regulation strategy?
Regulation strategy is a structured plan that links regulatory operations to a company's overall strategy.
2: What is business regulation?
Business regulation is legislation that governs how a company can function.
3: What is regulation policy?
The regulation policy is a plan that outlines the precise procedures and actions that must be taken in order to achieve the regulation strategy's goals.
4: Which is the best regulation strategy course available online?
The Regulation Strategy course offered by renowned institution LSE is industry grade.
5: How much time does it consume to complete the Regulation Strategy course?
The Regulation Strategy course consumes 7-10 hours/week for 8 weeks to complete.