Compliance

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Compliance manages regulatory compliance for legal entities across multiple jurisdictions, tracking compliance status, deadlines, and obligations, and handling dynamic regulatory requirements that change frequently. This use case addresses linking entities to applicable regulations, jurisdictions, and compliance requirements, tracking compliance status over time, understanding how entity relationships affect compliance obligations, tracking regulatory changes and their impact, connecting compliance documentation and evidence to specific requirements, assessing compliance risk across entity networks, and continuously monitoring compliance status to identify issues proactively for risk mitigation and regulatory compliance.

The Challenge

Organizations face significant challenges in legal entity compliance management:

• Regulatory complexity — Entities must comply with multiple jurisdictions, each with different requirements
• Dynamic requirements — Regulations change frequently, requiring continuous monitoring and updates
• Multi-entity management — Organizations with multiple entities must manage compliance across all of them
• Documentation requirements — Must maintain comprehensive documentation of compliance activities
• Cross-jurisdictional compliance — Entities operating in multiple jurisdictions face overlapping requirements
• Compliance tracking — Tracking compliance status, deadlines, and obligations across entities
• Risk assessment — Identifying and assessing compliance risks for each entity
• Reporting requirements — Generating compliance reports for regulators and internal stakeholders

Traditional compliance management systems operate in silos and lack the integrated view needed for comprehensive compliance oversight.

Why EKG is Required

Enterprise Knowledge Graphs provide powerful compliance management capabilities:

• Unified compliance view — Connect all compliance requirements, obligations, and activities across entities
• Regulatory mapping — Link entities to applicable regulations, jurisdictions, and compliance requirements
• Temporal tracking — Track compliance status over time and maintain historical compliance records
• Relationship analysis — Understand how entity relationships affect compliance obligations
• Change management — Track regulatory changes and their impact on entity compliance
• Evidence linking — Connect compliance documentation and evidence to specific requirements
• Risk aggregation — Assess compliance risk across entity networks and relationships
• Automated monitoring — Continuously monitor compliance status and identify issues proactively

Business Value

• Risk mitigation — Identify and address compliance risks before they become violations
• Regulatory compliance — Meet regulatory requirements and avoid penalties and sanctions
• Operational efficiency — Automate compliance monitoring and reduce manual effort
• Cost reduction — Avoid fines, penalties, and business disruption from compliance failures
• Reputational protection — Maintain reputation through effective compliance management
• Strategic insights — Understand compliance landscape and requirements across entity portfolio

Related Use Cases

• Client 360 / Know Your Customer - Uses compliance concepts for customer-level compliance (AML, GDPR, sanctions, PEPs) from a customer risk perspective, while this page focuses on entity-level regulatory compliance