Regulatory Management
Compliance Management
The objective of Compliance Management is to identify and describe the requirements of a regulation for the organization and the regulatory requirements, and to plan and initiate assessments to determine whether the organization complies with the requirements. Use the Regulatory requirement object to describe the specific requirement for the organization and the Compliance assessment definition object to describe compliance assessments to be performed. Compliance assessments can be generated automatically at scheduled times or event-driven. The users responsible receive a task with information about the activities to be performed.
Regulatory Change Management
The objective of Regulatory Change Management is to regularly check regulations for changes, to identify resulting actions, and to ensure that the persons responsible are informed and act accordingly. For regulations and standards that are marked as review-relevant, a regulatory change review task is generated on the due date. The users responsible receive a task with information about the activities to be performed. The central objects of Regulatory Change Management are the regulation objects (regulation, regulation chapter, regulation clause). For standards, such as account plans or non-binding norms, you can also use technical term objects.
For detailed information on modeling guidelines, refer to the Modeling Conventions.