Which module houses the Regulatory Change Management impact assessment methodologies?

• A. Impact Assessment Templates module
• B. Risk Assessment Methodologies module
• C. Impact Assessment Flow in Flow Designer
• D. Risk Assessment Templates module

Answer: (B)

Regulatory Change Management impact assessments are guided by a defined set of risk-based evaluation methods that specify how to rate impact, likelihood, and controls for regulatory changes. The module that houses these impact assessment methodologies is the Risk Assessment Methodologies module, because it provides the scoring criteria, risk taxonomy, and evaluation rules used when assessing regulatory change effects.

The other options serve different purposes: templates modules store reusable templates for performing assessments, not the underlying rules; and the Flow Designer option is a designed workflow to execute assessments, not the repository of methodologies. In practice, you apply the risk assessment methodologies to determine the regulatory change’s risk level, which then informs actions, approvals, and remediation.