Fund Elements delivers a Single Rulebook with a complete set of regulatory documents for each Regulated Entity and links each obligations to your Operating Procedures.
Compliance By Design - FAQs
Compliance by Design is a new approach to managing Regulatory obligations that is aligned to the specific needs of each Regulated Entity. It delivers a Single Rulebook for a Regulated Entity with a complete set of regulatory obligations, cross referenced to operational procedures.
An Index of rules by theme to help you navigate the scale and complexity of regulatory requirements
A library with each rules document and cloud functionality to enable teams to collaborate
High quality Standard Operating Procedures with easy to follow business process-flows
A matrix report linking each obligation to a SOP activity with the precision required by Regulators
“Each Regulated Entity should review the regulatory obligations placed on it and should identify precisely under which managerial function each regulatory obligation falls”
Regulatory Guidance - Central Bank of Ireland
The Single Rulebook is available in a cloud App designed for businesses operating in Regulated Industries. The App provides functionality for Finance and Technology Professionals and supports all stages of change lifecycle from Impact Assessment to Regulatory Inspections.
Line by line allocation of rule requirements to functional stakeholders
Link regulatory rule requirements to process activities
Connect regulatory source documents to results of impact analysis
Dependency Analysis to link documents to regulatory obligations
Manage technology change by cross reference stories to regulatory obligations
Context based chat with team members to clarify rule requirements