The nature and spectrum of regulatory compliance is getting broader due to impact of globalisation and to expanding compliance expectations. Regulatory compliance governance (thereafter - RCG) is becoming a new emerging discipline that copes with the challenges of companies to follow all the rapid changes of regulatory requirements. Recently in European Union RCG often is understood as a tool for companies which are operating in regulated sectors. Higher education and research system is facing new challenges due to substantial changes in the business environment, as well as increasing regulatory impact. The strategic management process is becoming more complex, accordingly. Authors perform field research inquiring practice of HEIs management and paying particular attention to one part of it - regulatory compliance management. The research reveals the extent to which management apply RCG in the strategic management and proves that it is a component with growing importance. Several research methods, such as literature review, logical and comparative analysis and structured interviews, were applied in this research. NVivo, a qualitative data analysis computer software has been used for data organising and analysis. The triangulation method is applied – theoretical background is formed on systematic literature review (state of art method). Theoretical investigations are approved by field research using qualitative research.