Modeling conventions
Regulatory Management comprises
The identification and structuring of relevant regulations during their lifetime.
The identification and description of regulatory requirements as a result of regulations.
The scheduled review of changes to the regulation or related requirements (Regulatory Change Management (Regulatory Change Management, Regulatory Change Management)).
The scheduled assessment of compliance using the identified regulatory requirements (Compliance Management (Compliance Management, Compliance Management)).
Besides regulations, Regulatory Management workflows can also be useful for reviewing and assessing other standards or norms, such as account plans, non-binding norms, or frameworks.