Creating an Inventory of Regulatory Frameworks (External Regulations)
In HOPEX Information Architecture , a regulatory framework is used to define the content of an external regulation, such as a banking regulation.
HOPEX Information Architecture provides by default the BCBS 239 banking regulatory frameworks as well as the Solvability II regulation, delivered in the "Information Architecture" pack solution. You can define other regulatory frameworks in your repository.
Importing the regulatory solution pack
Preparing the import
Regulatory libraries to be imported are delivered in the HOPEX Store, in a compressed file that you must decompress before importing into a repository.
To download the add-on of a regulation:
1. Download the regulation add-on available at the following address:
https://community.mega.com/t5/forums/filteredbylabelpage/board-id/hopex-store/label-name/content & frameworks
2. Unzip the file in the Utilities\Solution Pack folder where HOPEX is installed.
Importing libraries
To import the libraries:
1. Launch "Administration.exe" and connect as a user with data administration rights.
2. Select the environment then the repository on which you want to work.
3. Right-click the repository and select Object Management > Import Solution Pack.
A dialog box with a list of solution packs appears.
4. Select the components that interest you and click OK.
5. Exit the Administration application.
Create a regulatory framework
A regulatory framework defines the content of a regulation. It includes a set of sections, and under each section, sub-sections and articles.
To define a regulatory framework in HOPEX Information Architecture :
1. In the navigation menu, click Policies and Rules > Business Policies.
2. In the edit area, click the Regulatory Frameworks - Navigation Tree tile.
3. Click the arrow to the right of the Regulatory Framework box and select New.
4. In the dialog box that appears, specify:
• the name of the regulatory framework
• (optional) the holder
5. Click OK.
The regulatory framework appears in the list.
Adding a section to the regulatory framework
To add a section to the regulatory framework:
1. Select the regulatory framework in question to display its navigation tree.
2. To the right of the framework name, click Add a Section which appears under the Actions column.
The creation window for a section opens.
3. Specify a holder (optional) and click Next.
4. Then specify:
• the section code
• The title
The name of the section is calculated automatically using the code of the title.• The comment, which corresponds to the text of the section
• The concept definitions that can be associated with key words of the text (optional)
• The regulatory constraints (optional): these concern the objects that are constrained by the section.
• Implementation (optional): this concerns the business rules that ensure the effective implementation of the regulation within the enterprise. See Ensure Compliance with Data: Create Business Rules.
5. Click OK.
The section appears in the navigation tree.
Adding an article to a section
To add an article to a section:
1. To the right of the section in question, in the Actions column, click Add an Article.
The window for creating an article appears.
2. Specify the characteristics of the article as with adding a section.
3. Click OK.
The article appears in the navigation tree under the section.
With a data assurance domain you can specify which sections and articles of a regulatory framework apply to an organization. See Create a Data Assurance Domain.