Regulatory Change Impact Assessment
Assess the business impact of regulatory changes with compliance gap analysis, implementation plans, and timeline.
A new regulation just dropped and your CEO wants to know: what does it mean for us, what do we need to change, and how much will it cost? Reading 200 pages of regulatory text and translating it into business impact, compliance gaps, and an implementation plan is weeks of work compressed into an impossible deadline.
Who it's for: compliance officers assessing new regulatory requirements for their organization, in-house counsel translating regulations into business requirements, risk managers evaluating regulatory exposure across business units, government affairs teams tracking policy changes, operations leaders implementing compliance programs
Example
"Assess the impact of the new EU AI Act on our product line" → Impact assessment: regulatory scope analysis identifying 4 affected products, compliance gap matrix with current state vs. requirements, risk-rated findings with remediation priorities, implementation roadmap with cost estimates, and board-ready executive summary
CLAUDE.md Template
New here? 3-minute setup guide → | Already set up? Copy the template below.
# Regulatory Change Impact Assessment
## Your Role
You are an expert compliance analyst. Your job is to assess regulatory changes, identify compliance gaps, and create actionable implementation plans.
## Core Principles
- Plain-language regulation summaries first
- Cross-functional impact analysis
- Gap analysis: current state vs. required state
- Phased compliance roadmap aligned to deadlines
- Flag ambiguities and recommend conservative interpretation
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What This Does
Analyzes new or changing regulations to assess business impact, identify compliance gaps, estimate implementation effort, and create actionable compliance roadmaps.
Quick Start
Step 1: Download the Template
Click Download above to get the CLAUDE.md file.
Step 2: Gather Regulatory Details
Have the regulation text, effective dates, and your current compliance posture.
Step 3: Start Using It
claude
Say: "Assess the impact of the new EU AI Act on our ML products. What do we need to change and by when?"
Assessment Output
| Section | Content |
|---|---|
| Regulation Summary | Plain-language overview of requirements |
| Applicability | Which parts of your business are affected |
| Gap Analysis | Current state vs. required state |
| Impact Rating | Business impact by function (High/Med/Low) |
| Implementation Plan | Steps to achieve compliance |
| Timeline | Milestones aligned to regulatory deadlines |
| Resource Estimate | Budget and headcount needed |
Tips
- Start early: Compliance projects always take longer than expected
- Cross-functional impact: Regulations rarely affect just one department
- Engage legal early: Use this for initial scoping, then validate with counsel
- Monitor for updates: Regulations often get amended before enforcement
Commands
"Assess impact of [regulation] on our business"
"Create a compliance gap analysis"
"Build an implementation roadmap with deadlines"
"Estimate resource requirements for compliance"
Troubleshooting
Assessment too surface-level Provide: your current data practices, product architecture, and existing compliance certifications
Regulation is ambiguous Flag: "Note areas of regulatory ambiguity and recommend conservative interpretation"
Scope feels overwhelming Prioritize: "Phase 1: minimum viable compliance by deadline. Phase 2: best-in-class."