A robust Compliance Monitoring Programme (CMP) is based on a comprehensive and up to date regulatory obligations register. Single Rulebook automatically maintains your regulatory obligations register and provides a full audit trail of your CMP, presented in the context of the applicable regulation.
A regulatory obligations register more often than not takes the form of a spreadsheet. Spreadsheets that list regulatory rules quickly get out of date as regulation evolves and don’t provide for the governance, contextual auditability and ease of navigation that a state of the art software tool can deliver.
How we helped
Single Rulebook can upload functionality indexed to the firm’s existing obligations spreadsheet in a few seconds.
The system now automatically maintains the obligations register and hosts an easy to use compliance monitoring programme (CMP) framework. The completed CMP can be accessed and presented within the context of the firm’s obligations and reports can be extracted whenever needed.