Map the taxonomy

Create an internal taxonomy when you are setting up the Regulatory Change Management application. Map the external taxonomy to the internal taxonomy so that the Regulatory Change Management application refers to only one taxonomy.

Before you begin

Role required: sn_grc_reg_change.admin

About this task

The Regulatory Change Management application stores the taxonomy and it provides a way to map the taxonomies using the UI component.

Procedure

1. Navigate to Application > Regulatory Change Management > Taxonomy > Taxonomy Classes.
   The pre-defined taxonomy classes are displayed:

   • Content Types- Content types provide site-specific control of how system data defined by templates is rendered.
   • Jurisdictions- Jurisdictions in regions are used for data breach notification obligations as each obligation is broken down by jurisdiction.
   • Regulatory Bodies- Regulatory bodies that govern the regulations. For example, RBI, SEBI, SEC, TRRI, and so on.
   • Sectors- Sectors businesses that are governed by government rules. For example, FRM, FDIC, SEC.
   • Themes- Themes indicate the ares that organisations should consider in their regulatory change management.
2. Navigate to the following taxonomy tables if you want to view or update the taxonomy class name:
   • Content Types
   • Jurisdictions
   • Regulatory Bodies
   • Sectors
   • Themes
   As an example, when you select Jurisdiction, the Class name field displays Jurisdiction as the taxonomy class.

   Note:

   Only users with the sn_grc_reg_change.admin roles can update the taxonomy tables.
3. Select Update to update the class name.
4. Select New under Taxonomy class related list.
   A new Taxonomy class record is displayed on a separate page.

   Table 1. Taxonomy class record

   Field	Description
   Name	Name of the taxonomy class.

   The new taxonomy class is displayed on the Taxonomy Class page.

5. Open the Taxonomy Class page to create a new Taxonomy class mapping record.
6. On the form, fill in the fields.
   Depending on what regulatory table was previously selected, the form title is different.

   Table 2. Taxonomy class mapping record

   Field	Description
   Provider	Provider of the alerts.
   External taxonomy class	External taxonomy class that is mapped with the internal taxonomy class.
   Taxonomy class	Taxonomy class provided by default such as Jurisdictions or Content type.

7. Select Submit to map the external taxonomy class to the internal taxonomy class.
   The external taxonomy class is mapped to the internal taxonomy class.