Developing it compliance program ? discuss the challenges it divisions face in achieving regulatory compliance? assess how it governance will improve the effectiveness of the it division to attain regulatory compliance? develop a broad vision, an architecture, and a detailed plan of action that follows a life cycle concept? assess all key business processes and it compliance factors and link to all business processes (financial and non-it) to develop an aggregate vision of it compliance? your detailed plan should include the following phases: initiate, plan, develop and implement.