Regulatory assessment for a regulatory alert

Utilize the Smart Assessment Engine to perform smart assessments on regulatory alerts. This ability enhances regulatory decision-making by enabling impact assessments directly at the regulatory alert level, streamlining processes through a unified core assessment framework, and assigning analysis to multiple stakeholders for improved collaboration and efficiency.

When you initiate an assessment to assess the impact of a regulatory alert, you get an option select either to start a regulatory assessment or the classic risk assessment. Regulatory assessment utilizes the Smart Assessment Engine application and when it is initiated, a new related list called Regulatory assessments is available on a regulatory alert that displays the list of uniquely generated regulatory assessments. The assessor can access the assessment from the unified Tasks page on the Employee Center. The unified Tasks page provides you a consolidated view of all your tasks, including all assessments, enabling you to access and complete them efficiently. For more information on how to perform a regulatory assessment, refer to Respond to a regulatory assessment.

To understand the benefits of using the Smart Assessment Engine, refer to Exploring Smart Assessment Engine.

To understand the process of creating assessment templates and questionnaires, refer to Configuring Smart Assessment Engine.

To understand how to initiate assessments, see Assess the impact of a regulatory alert.