A Domain-Specific Controlled English Language for Automated Regulatory Compliance
Channel: Splash Conference 2017
Date: 2017-11-05

Suman Roychoudhury, Sagar Sunkle, Deepali Kholkar, Vinay Kulkarni
Modern enterprises operate in an unprecedented regulatory environment where increasing regulation and heavy penalties on non-compliance have placed regulatory compliance among the topmost concerns of enterprises worldwide.Previous research in the field of compliance has established that the manual specification/tagging of the regulations used by GRC frameworks not only fails to ensure their proper coverage but also negatively affects the turnaround time both in proving and maintaining the compliance. Our key contribution in this paper is an implementation of a controlled natural English like (domain-specific) language that can be used by domain experts to specify regulations for automated compliance checking. We demonstrate this language using examples from industry regulations in banking and financial services domain.