HOPEX Aquila EN

GRC - Governance, Risk & Compliance > HOPEX GRC Common Features > GRC Environment > The Compliance Environment

The Compliance Environment

Managing your Regulatory Environment

Using UCF Import

Creating Regulatory Content Manually

Managing Business Policies

Defining Applicable Regulations and Business Policies

Regulatory content applicability

Reviewing regulatory frameworks after UCF import

Selecting the regulatory content applicable to your organization

Defining the Scope of Regulations and Business Policies

HOPEX GRC enables you to manage the regulatory environment of your organization as well as its business policies.

To manage your compliance environment in HOPEX:

In the navigation bar, select Compliance > Regulations.

You may:

• import UCF content from a Shared List of the Common Controls Hub and define articles that apply to your organization.

• manually create regulatory frameworks, articles and control directives

A regulatory framework is an authority document falling under any of following categories: regulations (rules of law that, if not followed, can result in penalties), or standards.

An article is a citation from a regulatory framework and is usually associated to a mandated control directive.

Control directives are an interpretation of the law and contribute to the enforcement of any regulation article your organization has to comply with.

• create manually policy frameworks and business policies.

A policy framework consists of a set of business policies. Policy frameworks may contain sections.