Staying in the know is critical to your regulatory compliance processes. To help ensure you are aware of all regulatory updates, we have upgraded Compliance.ai Alert Emails to monitor not only all the newly published regulatory changes, but also older regulatory content that has been recently added to Compliance.ai. In addition, our latest upgrades include critical improvements to Compliance.ai Team Edition’s user management functionality.
We also continued enriching our regulatory coverage, not only by introducing new Concepts, but also by expanding our content coverage, including: regulatory updates for legislations, regulations, antitrust/competition, asset management, banking, finance, and securities. Our new sources are particularly focused on consumer protection related matters across the globe including new sources in Australia, Belgium, Canada, European Union, France, Germany, Ireland, Luxembourg, Mexico, Netherlands, Qatar, United Kingdom, Switzerland, United Arab Emirates and the United States.
Stay in the know with more comprehensive alert emails
Compliance.ai clients rely on saved searches (alerts and notifications) and emails to keep abreast of important regulatory changes. Until now, our alert emails only included regulatory changes that were newly published during the most recent day or week. To ensure our alert reports give you the full picture, we have updated our solution’s alert emails to include not only newly published regulatory content, but also content that has been recently added to the Compliance.ai platform. For example, older regulatory content from sources that are now available on Compliance.ai (new sources). In addition, our alert emails now include existing regulatory content that has been updated such that it now appears within the search. For example, content that has new Compliance.ai Concept associations that were not previously classified.
Service Connector Edition: Deliver all relevant documents to your GRC
Even clients with optimized alerts sometimes miss critical regulatory documents in their saved searches. To help ensure Service Connector Edition clients can populate their integrated systems, we’ve enabled an existing Team Edition capability. Now, Service Connector Edition clients can add workflows manually to documents individually or in bulk.
To leverage this capability, simply select the “Add to Workflow” button in any search view toolbar and specify your preferred workflow.
Speed up your regulatory research by integrating Concepts into your regulatory review
Constructing the best possible search for key regulatory changes can be challenging. That’s why we continue to enhance our library of Concepts. Concepts are automatically applied to all regulatory content available in our platform, allowing you to locate critical regulatory changes and associated documents related to specific topics with one click.
Our latest Concepts focus on Operational areas, and include:
Regulatory Reporting – Money Service Businesses
Money service businesses, such as money transmitters, currency exchange providers, and payment processors, are subject to regulatory reporting requirements related to anti-money laundering (AML) and counter-terrorism financing (CTF). They must report suspicious transactions and adhere to know-your-customer (KYC) guidelines.
Regulatory Reporting – Derivatives
Participants in derivatives markets, including futures, options, and swaps, often have reporting obligations. They must report details of their trades, positions, and risk exposures to regulatory bodies and trade repositories.
Regulatory Reporting – Broker-Dealers
Brokerage firms and securities dealers must comply with regulatory reporting requirements related to their trading activities, customer accounts, trade execution, and financial condition. These reports are submitted to securities regulators or exchanges.
Regulatory Reporting – Stock Exchanges
Stock exchanges have reporting obligations to regulatory authorities to ensure fair and orderly trading. They must report information such as trade data, market surveillance activities, and compliance with listing rules.
Regulatory Reporting – Insurance
Insurance companies are typically required to submit regulatory reports to insurance regulatory authorities. These reports cover areas such as solvency, reserves, underwriting practices, claims handling, and financial statements.
Regulatory Reporting – Investment Funds
Investment funds, including mutual funds, hedge funds, and private equity funds, are subject to regulatory reporting requirements. These reports may include information about the fund’s assets under management, investment strategies, performance, and investor disclosures.
Regulatory Reporting – Banks and Financial Institutions
Banks and financial institutions are required to submit regulatory reports to regulatory bodies, such as central banks and financial supervisory authorities. These reports include financial statements, capital adequacy reports, liquidity reports, risk management reports, and anti-money laundering reports.
To use any of our Concepts within a search, simply add the Concept of interest to your basic or advanced search, and then add other attributes such as agencies, jurisdictions, or publication dates to further narrow your results.
If our new Operational Concepts apply to your business, don’t forget to select them in your Default Filters so they are automatically added to your search when you access the Timeline or conduct your own searches.
All Concepts associated with regulatory changes are listed in the Details right panel, giving you higher visibility to assess the potential impact of a regulatory change before you review the entire document.
Our Concept library is expanding all the time. If you have suggested concepts that would benefit you, reach out to us at email@example.com and we’ll work with you to further extend our concept capabilities.
For a list of all Concepts provided by Compliance.ai, please check out our Concept documentation on developer.compliance.ai.
Use upgraded Org Management capabilities to invite new members and ensure your organization is up to date
Organization management is easier and more transparent than ever with our most recent administrative upgrades. If you are an org admin, you can now keep track of your organization members using not only our existing user snapshot report, but also a new, full user audit report. Downloading our new user audit report provides a full history of all changes, including member ID added, role updated, subscription expired, added to team(s) and deleted from teams to ensure transparency.
We’ve also made a change to improve both the first login experience for clients using SSO. Now, instead of seeing both the Corporate Login and the “standard” login / password setup experience, clients who use SSO will receive an invitation email that focuses exclusively on Corporate Login.
Note that if your organization your new members will continue to receive our existing first login experience. Setting up corporate login is easy, so if you haven’t yet made the switch, contact us at firstname.lastname@example.org to get started.
Speed up Regulatory Intelligence research: One Source for Regulatory Intelligence: Expanding Regulatory Coverage
We continued expansion of our regulatory coverage. You can now follow recent regulatory updates across specific lines of business and jurisdictions across a variety of business and operational topics and jurisdictions:
Asset Management: related updates from Belgium and Switzerland.
Antitrust/Competition: related updates from Canada.
Banking: related updates from Australia, Ireland, Luxembourg, Netherlands, United States (Federal).
Consumer Protection: related updates from Ontario, Alberta, and British Columbia.
Finance: related updates from Australia, United Arab Emirates (ARE), Canada (Federal), European Union, France, Germany, Quebec, United States, Luxembourg, United Kingdom, and Qatar.
Legislations: related updates from France, Luxembourg, Mexico, New Mexico, New York, and South Carolina.
Securities: related updates from Ontario (Canada), Canada (Federal), Indiana, Switzerland, and the United States.
Australia: updates from the Reserve Bank of Australia (AUS-RBA) and the Council of Financial Regulators (AUS-CFR).
Belgium: updates from the Belgian Asset Managers Association (BEL-BEAMA).
Canada: updates from the Canadian Association of Financial Institutions in Insurance (CAN-CAFII), Competition Bureau Canada (CAN-CBC), Canada Department of Finance (CAN-DOF), Mutual Funds Dealers of Canada (CAN-MFDA), Intercontinental Exchange NGX (ICE-NGX), Ministry of Service Alberta (CAN-ABMSA), British Columbia Consumer Protection Authority (CAN-BCCPA), Ontario Ministry of Public and Business Service Delivery (CAN-ONMPBSD), Ontario Securities Commission (CAN-OSC), and Autorité des marchés financiers (CAN-QCAMF),
European Union: updates from the Intercontinental Exchange. Futures Europe (ICE-FEU).
France: updates from the Autorite de Controle Prudentiel et de Resolution (FRA-ACPR). Autorité des Marchés Financiers (FRA-AMF), and the French Parliament (FRA-PARL).
Germany: updates from the Federal Agency for Financial supervision Germany (DEU-Bafin).
Ireland: updates from the Central Bank of Ireland (IRL-CBI),
Luxembourg:updates from Luxembourg Bankers Association (LUX-ABBL), Luxembourg Official Journal (LUX-CDD), Government of:Luxembourg (LUX-GOV), and the Luxembourg Ministry of Finance (LUX-MFIN).
Mexico: updates from the Federal Government of Mexico (MEX-COU).
Netherlands: updates from De Nederlandsche Bank (NLD-DNB).
Qatar: updates from Qatar Financial Markets Authority (QAT-FMA).
United Kingdom: updates from the HM Treasury (UK-HMT).
Switzerland: updates from Switzerland Asset Management Association (CH-AMA), Swiss Stock Exchange (CH-SIX),
United Arab Emirates: updates from Dubai Financial Services Authority (ARE-DFSA), and the UAE Ministry of Finance (ARE-MOF).
United States: updates from the Chicago Mercantile Exchange (CME), Federal Deposit Insurance Corporation (FDIC), Financial Industry Regulatory Authority (FINRA), Intercontinental Exchange, Clear Credit (ICE-CC), Intercontinental Exchange, Clear US (ICE-CUS), Intercontinental Exchange, Futures Europe (ICE-FEU), Intercontinental Exchange, Futures US (ICE-FUS), Intercontinental Exchange, Inc. (ICE-SRO), National Futures Exchange (NFA), Arkansas General Assembly (AR-GA), Indiana Securities Division (IN-SD), New Mexico Legislature (NM-LEG).
Tip of the Month: Simplify user management with SCIM.
If your organization uses an Identity Access Management solution such as SailPoint, Okta, or Microsoft Azure, now is a great time to talk to us about simplifying user provisioning and management by integrating your own user management system with the Compliance.ai platform.
Update your Default Filters at any time to take advantage of our new regulatory sources.
We hope you enjoyed this product update!
Client feedback is always welcome. Please contact our support team with any questions or feedback or schedule a time to review our new features. Remember that you can always access the Training Center under the Help (?) section of the platform for more information.
Regtech Compliance Solution
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