The advanced version of Compliance Policies allows to:
- run the compliance policy analysis on a future date, and different time-periods
- include renewal policies and simulated transactions
- apply filters to compliance policies
- apply forward-looking compliance policies
Compliance policies can also be set at different levels:
- Private: the compliance policy is visible from the user who created it.
You can: - Access the detailed page
- Clone the compliance policy and get a new private one
- Delete the compliance policy
- Share the compliance policy with the members of your organization. Please note that this action will remove all the rights the user had on this feature. You will not be able to edit or delete the compliance policy.
- Share the compliance policy with the members of your account. Please note that this action will remove all the rights the user had on this feature.
- Entity: the compliance policy is set at the entity level and will work just as it used to do before. The user will be able to clone it and get a private copy that can be modified. Users, provided that they are allowed to manage the entity, will be able to modify any attached compliance policy.
- Organization: the compliance policy is set at the organization level. In this configuration the compliance policy is just available for execution. The option of cloning it into a private compliance policy is still available.
- Global: the compliance policy is set at the account level. In this configuration the compliance policy is just available for execution. The option of cloning it into a private compliance policy is still available.
Summary:
| Legacy Compliance Policies | Enhanced Compliance Policies | Enhanced Compliance Policies | Enhanced Compliance Policies | |
| Name | Entity compliance policy | Private compliance policy | Organization compliance policy | Global compliance policy |
| Scope | All transactions involving the entity | All transactions of the organization visible to the user | All transactions of the organization visible to the user | All transactions of the organization visible to the user |
| Visibility | The compliance policy is visible to all the users of the organization the entity belongs to | The compliance policy is only visible to the user | The compliance policy is visible to all the users of the organization | The compliance policy is visible to all the users of the account |
| Create | Administration / Organization Entities / [Entity Name] / Compliance Policies Section / Create Compliance Policy | Analysis / Compliance Policies / Add Compliance Policy | On an existing PRIVATEcompliance policy: Analysis / Compliance Policies / [Compliance Policy Name] / Publish As / Publish as Organization Compliance Policy | On an existing PRIVATEcompliance policy: Analysis / Compliance Policies / [Compliance Policy Name] / Publish As / Publish as Global Compliance Policy |
| Edit | Administration / Organization Entities / [Entity Name] / Compliance Policies Section OR Analysis / Compliance Policies / [Compliance Policy Name] / Go to details |
Analysis / Compliance Policies / [Compliance Policy Name] / Go to details | Not Possible | Not Possible |
| Delete | Administration / Organization Entities / [Entity Name] / Compliance Policies Section | Analysis / Compliance Policies / [Compliance Policy Name] / Delete | Administration / Organization Settings / Compliance Policies Section | Administration / Account Configuration / Compliance Policies Section |
Tip: use filters to let the user see only the transactions where the entity is involved.
To restrict a portfolio to a single entity, use the filter criteria “Transaction / Party” / “Is in” /
To exclude assets (excluded in the Entity compliance policy with the filter “Without Assets”), use the filter criteria “Transaction / Transaction Role”/ “Is not in” /