How to create Regulations for Process Controls-GRCV10.0
This document will gives you basic details about how to create regulations for GRC process controls
Regulations and Policies are provides visibility into your compliance framework and access to end-to-end policy management
Regulations are assigned to Sub process, controls, IELC (Indirect Entity-Level Controls), Policies and Ad-Hoc Issues, which are assigned to organizations.
Regulations will be part of master data.
By using Regulations link we can create Regulation group,Regulation and Regulation Requirement
Step1:Creation of Regulation Group
Provide the details and click on SAVE
Once regulation group has been created, then create Regulation
Step2-Creation of Regulation
Select the regulation group and click on Regulation to create
Provide the regulation name, description and select the Assign regulation configuration from drop down.
Assign regulation configuration will be maintained in SPRO
SPRO>GRC>Process Controls>Multiple Compliance Framework>configure compliance Initiatives
Select the Assign regulation configuration from drop down, click on save
Now regulation will created under regulation group
Select the regulation and create regulation requirement
Step3:Creation of regulation requirement
Provide the details and Save