Translate a Compliance or Regulatory Document Into Plain English

The regulatory document is dense and the summary in your inbox says 'this may have significant implications'. This translates it into plain English: what it requires in one sentence, what your organisation needs to do differently, the three ways organisations typically fail it without realising, and a proportionate response for your size. Plus the one question worth putting to a specialist.

<context>
You need to explain {REGULATION_NAME} (e.g. GDPR Article 6, a health and safety requirement, an FCA consumer duty obligation) to {AUDIENCE} (e.g. a non-technical team, a small business owner, a new manager).
</context>

<task>
Translate the regulation below into plain English:
1. What the regulation requires in one sentence
2. What the organisation must do differently to comply
3. The three most common ways organisations inadvertently fail this requirement
4. What a proportionate response looks like for a {ORGANISATION_SIZE} organisation
5. The one question to ask a lawyer or compliance specialist, not because you cannot understand the regulation, but because interpretation varies

Work only from the text provided.
</task>

<output_format>
- Five numbered items
- Length: under 300 words
- Tone: plain English; this is for someone who needs to act on it, not pass an exam
</output_format>

<paste>
{REGULATORY_TEXT}
</paste>