HOPEX Regulatory Compliance : Managing the Legal Inventory
   
Managing the Legal Inventory
 
Legal Inventory Overview
Legal Inventory Content
Updating the Legal Inventory
Legal Inventory Objects
Defining Regulations
Regulation Characteristics
Policy Publication Workflow
Defining Requirements
Creating Requirements
Listing Requirements
Requirement Characteristics
Managing Regulations and Requirements
Defining Application Scope
Merging and Duplicating
The purpose of a legal inventory is to manage the regulation framework applying to an organization.
HOPEX Compliance enables creation of this legal inventory, generally derived from an external source (for example, the American Bankers Association).
Regulations and requirements can be organized by process, entity and risk.
Each regulation and requirement can be connected to different processes, risks and entities. This "contextualization" allows compliance managers to position requirements and carry out appropriate assessments.