Which process outlines regulatory and compliance requirements across an organization?

The governance framework is essential as it provides a structured approach for establishing and maintaining compliance and regulatory requirements within an organization. It serves as an overarching system that ensures various laws, regulations, and standards are understood and adhered to across different departments.

By integrating policies, procedures, roles, and responsibilities, the governance framework ensures that compliance is not approached in isolation but instead as a part of the organization's culture and strategic planning. It helps to align business objectives with compliance requirements, ensuring that the organization operates within legal boundaries while promoting ethical practices.

In contrast, risk management planning primarily focuses on identifying and mitigating risks rather than outlining compliance requirements. The incident response plan details actions for addressing security incidents, while the data classification policy categorizes data but does not itself outline broad regulatory requirements. Thus, the governance framework is uniquely positioned to address the organization's broader compliance landscape.