HOPEX IRM > HOPEX IRM Common Features > Managing IRM Object Libraries > Managing the Regulatory Library
Managing the Regulatory Library
 
Regulatory Library Overview
Regulatory library content
Updating the regulatory library content
Legal Inventory Objects
Managing Regulation Frameworks
Accessing regulation frameworks
Regulation framework characteristics
Accessing Requirements
Via a list
By implementing controls
Number of constrained elements
By non-compliance risks
Creating Requirements
Defining Requirements
Code
Parent requirement
Regulation framework
Priority
Analysis
Responsibilities
Scope
Sub-requirements
Milestones and Statuses
The purpose of the regulatory library is to manage the regulation framework applying to an organization.
HOPEX enables creation of this regulatory library, generally derived from an external source (for example, the American Bankers Association).
Regulations and requirements can be organized by process, entity and risk.