New and Enhanced Features on Compliance.ai: July 2021
July 27, 2021
In June 2021, we focused on capabilities to help our clients organize regulatory change management processes and annotations more efficiently. We also added critical new resources, including NAIC Model Laws and Regulations, White House Briefings, and United Arab Emirates legislation, among others.
Classify and group regulatory content with Compliance.ai Labels
Compliance.ai’s Label feature helps you further enrich regulatory content by adding your own organization-specific tags to any document on the platform. Now, org admins can not only use labels to associate regulatory changes with their internal business and operational policy classifications, but also keep the labels current and relevant using the new “Manage Labels” interface. Access Manage Labels under the Profile menu to update label names, delete, or even merge similar labels.
Try adding labels to track relationships to policies, key projects, or regulations and easily review and update using Manage Labels (click to see video).
NAIC Model Laws & Regulations now available through Compliance.ai
Need to make sense of how state-specific insurance laws and regulations stack up against NAIC model laws? Now, you can leverage Compliance.ai’s accordion resource section to navigate and quickly compare regulations of interest against NAIC Model Laws using our diff’ing feature to determine jurisdictions that need special treatment.
Leverage relative date options within your basic searches
We’ve added relative date options to our basic filter, making it even easier for you to find the most current regulatory change information on a rolling basis. This feature helps you dynamically find regulatory changes that have either been published by regulators, processed by Compliance.ai or updated by Compliance.ai “today”, “yesterday”, or even in the “last x days”, weeks or years. You can also add filters to search for regulations with effective or comment close dates “in the next y days”, weeks, or months.
Adding relative dates is particularly helpful when you’re setting up workflow alerts or for regulatory research that you want to execute the same search on a periodic basis.
Reduce the noise when using the Developer Platform API to filter regulatory content
We’ve added new documentation to help you leverage Concepts available on the Compliance.ai platform. Concepts are a collection of terms that use the advanced search capability in order to quickly keep track of key areas in the regulatory landscape.
Expanding Regulatory Coverage
During the past month, Compliance.ai has focused its continued expansion of regulatory sources on strengthening its U.S. insurance coverage. Now you will also be able to follow:
Enforcement activity from Florida, Maine, Maryland, Nebraska, New Jersey, North Dakota, and West Virginia.
Extended Regulatory updates from Arizona, Connecticut, District of Columbia, Delaware, Kansas, Massachusetts, Maryland, Maine, Missouri, Oregon, Pennsylvania, Virginia, and Washington State.
Additionally, our international coverage continues to grow, allowing you to track activity from these international agencies:
Canada: Financial Consumer Agency of Canada (CAN-FCAC);
India:Central Board of Indirect Taxes and Customs (IND-CBITC), and the Directorate General of Foreign Trade (IND-DGFT);
United Arab Emirates: Ministry of Justice (ARE-MOJ); and,
United Kingdom: Foreign, Commonwealth & Development Office (UK-FCDO).
Please visit our complete list of regulatory sources, and bookmark that page as we update it frequently!
Update your Default Filters at any time to take advantage of our new international sources.
I hope you enjoyed this product update!
Your feedback is always welcome. Please contact our support team with any questions or feedback. Remember that you can always access our product guides under the Support sectionof the product for more information.
If you’re not yet using Compliance.ai, please feel free to schedule a demo with one of our specialists to see how RegTech can transform the way you work.
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