Douglas87
2007-02-20, 01:51 AM
Professionals in the Regulatory World must be efficient enough to evaluate, conclude and provide consistent and accurate regulatory advice. They must have the courage to demand access to information that is required to do their job, and they must do their job as completely as possible, including advising stakeholders of potential risks. Regulatory professionals must have the nerve to give bad news when necessary and to accept the consequences of their decisions.
There will be situations in the Regulatory World where regulatory advice needs to be retracted or corrected. The regulatory professional must have the courage to bring forth the error and accept accountability, where appropriate. They have to review or reiterate their advice and strategy when necessary or when challenged and change it when needed.
Professionals in the Regulatory World can always confidently ask their colleagues for help and encourage an open exchange of views that challenge regulatory advice. If they find they are in error, they are expected to admit their mistakes and take necessary measures to promptly correct them. Regulatory professionals also can take the freedom to provide information about risks and consequences if regulatory advice is overruled or ignored.
There will be situations in the Regulatory World where regulatory advice needs to be retracted or corrected. The regulatory professional must have the courage to bring forth the error and accept accountability, where appropriate. They have to review or reiterate their advice and strategy when necessary or when challenged and change it when needed.
Professionals in the Regulatory World can always confidently ask their colleagues for help and encourage an open exchange of views that challenge regulatory advice. If they find they are in error, they are expected to admit their mistakes and take necessary measures to promptly correct them. Regulatory professionals also can take the freedom to provide information about risks and consequences if regulatory advice is overruled or ignored.