NDLI: Model-driven regulatory compliance: A case study of “Know Your Customer” regulations

Content Provider	IEEE Xplore Digital Library
Author	Sunkle, S. Kholkar, D. Kulkarni, V.
Copyright Year	2015
Description	Author affiliation: Tata Consultancy Services Res., Pune, India (Sunkle, S.; Kholkar, D.; Kulkarni, V.)
Abstract	Modern enterprises face an unprecedented regulatory regime. Industry governance, risk, and compliance (GRC) solutions are document-oriented and expert-driven. Formal compliance checking techniques in contrast attempt to provide ways for rigorous modeling and analysis of regulatory compliance but miss out on holistic GRC perspective due to missing integration between diverse set of (semi-) formal models. We show that streamlining regulatory compliance using multiple purposive models of various aspects of regulations, it is possible to leverage both the rigor of formal techniques and the holistic enterprise GRC perspective. Our contributions are twofold. First, we present a model-driven architecture based on a conceptual model of integrated GRC that is capable of addressing key challenges of regulatory compliance. Second, using Know Your Customer regulations in Indian context as a case study, we demonstrate the utility of this architecture. Initial results with KYC regulations are promising and point to further work in model-driven regulatory compliance.
Starting Page	436
Ending Page	445
File Size	1273935
Page Count	10
File Format	PDF
e-ISBN	9781467369084
DOI	10.1109/MODELS.2015.7338275
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2015-09-30
Publisher Place	Canada
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Industries Vocabulary Adaptation models Law Semantics Business
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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