What should be ensured in response to regulatory changes regarding controls?

Timely revisions and updates of controls are essential in response to regulatory changes because regulations can introduce new requirements or alter existing ones that directly impact how controls function. Ensuring that controls are kept up to date allows an organization to maintain compliance and effectively manage risks associated with non-compliance.

When regulations change, the risk landscape may also shift, necessitating adjustments to existing controls to meet the new standards adequately. This proactive approach helps to mitigate the potential for regulatory violations, which can result in fines, reputational damage, or operational disruptions.

While other options may have merit in certain contexts, simply conducting periodic audits without ensuring that controls are revised doesn't address the immediate need for compliance. An expansion of all controls might not be necessary or effective, as it could lead to redundancy without addressing the specific changes required by new regulations. Comprehensive training programs for staff are important, but without revising controls in alignment with the regulatory changes, training alone will not ensure compliance. Thus, timely revisions and updates of controls are crucial to maintaining an effective compliance program.