BUILDING BLOCK - Compliance System
| Description | A Compliance System is an Assurance System aimed at ensuring enterprise compliance and risk mitigation against both Regulatory Frameworks an Control Frameworks. It encompasses processes, policies, and technologies that work in concert to validate the enterprise adherence to regulatory requirements while simultaneously bolstering the enterprise's ability to withstand and adapt to various challenges and disruptions. |
|---|---|
| Super Types | 
Assurance System |
| Functional Domain | 
Regulatory ComplianceThe Regulatory Compliance encompasses methodological concepts used in the process of ensuring that an enterprise complies with applicable laws, regulations, standards, and ethical practices relevant to its operations. This activity involves monitoring legal Regulatory Frameworks, implementing policies and procedures to meet those obligations, and conducting audits or assessments to verify adherence. Effective regulatory compliance helps mitigate legal risks, avoid penalties, and maintain trust with stakeholders while promoting ethical and responsible business conduct. It spans various areas, including data protection, financial reporting, environmental regulations, and industry-specific mandates. |
| Dictionary | 
Dictionary of SysFEAT concepts |
| Lexical Scope | 
Model Lexical Scope
Model Container |
RELATIONSHIPS
Simple Graph Graph & Inheritance Table
Simple Graph
Composition: ➝ Classification: ➝ Specialization: ➝ Enumerated definition: ➝ Syntax: ➝
TEXTUAL SYNTAX
SEMANTIC TAXONOMY
Sub-Types Super-Types
Click node rectangle to collapse/expand one level. Click triangle for full recursive collapse/expand. Double-click on a node to open its URL. Hover for description.
BORDERS
| Name | Super type | Border Type | Description |
|---|---|---|---|
| end | 
Bounded Individual::End | 
Initiative Milestone | |
| start | 
Bounded Individual::Start |
Initiative Milestone |