1. SMART Regulation http://www.omgwiki.org/smartregulation/doku.php
Semantic Web Technologies
Natural Language, Data Standards, Interchange Formats…
Ambiguous Regulation

2. SMART Regulation Approach
Regulators, Enforcers, Government Agencies, etc.
Dodd-Frank, Volcker Rule, Front-Running, Regulation W…
SMART Regulation Approach
Standards driven precise regulatory language
Human and machine readable & interpretable; ambiguity (where pertinent) documented
Automation of rules’ impact analysis and execution
Standardized reporting & data exchange
Regulated Entities, Vendors, Standards Bodies, Academics, etc.
Business Applications, IT Systems, Industry Standards, Internal and Public Data Assets
Reporting
Analytics
Key Business Concepts and Regulatory Rules documented and disambiguated in Business Natural Language (BNL)
Business Conceptual Ontology (Key Business Concepts impacted by regulation)
Machine learning, analysis of regulatory language
Meaning & Obligations
(What)
Categories of SMART Regulation Standards
Identifiers
Vocabularies
Taxonomies
Ontologies
Data Models
Interchange Formats
Reporting & Publication Formats
Regulatory Rules transformed into technology agnostic Decision Model(s)
Standards-based Identifiers, Data Models and Schemas
Constraints and pre-conditions
Structure & Procedures
(How)
Standards & Tools
(Realization)
Standards-based Interchange Formats, Messages
Standards based Operational Ontologies, reasoning
Standardized Business Reporting