"Design a comprehensive data governance framework that adheres to current regulatory standards, incorporating real-world examples to illustrate key concepts and best practices. Outline the steps to develop a robust framework, addressing the intricacies of data management and compliance. Ensure the framework integrates effectively with existing data management systems, considering the evolving regulatory landscape. Provide detailed, expert-level guidance on structuring the framework,** including:** ## 1. Establishing a data governance structure and roles ## 2. Developing data policies and standards ## 3. Implementing data quality and security measures ## 4. Ensuring regulatory compliance and audit readiness ## 5. Integrating the framework with existing data management systems ## 6. Monitoring and continuously improving the framework Address potential challenges and provide recommendations for overcoming them, using real-world examples to support your guidance."