The introduction of regulations such as the Sarbanes-Oxley act requires companies to ensure that appropriate controls are implemented in their business applications. Implementing and validating compliance measures in ‘agile’ companies is time consuming, costly, errorprone and a maintenance-intensive task. This paper presents an approach towards dynamically adapting a Service Oriented Architectu...

Services are subject to constant change and variation. Services can evolve typically due to changes in structure, e.g., attributes and operations; in behavior and policies, e.g., adding new business rules and regulations, in types of business-related events; and in business protocols. This paper introduces two types of service changes: shallow changes where changes are confined to services or t...

If socio-legal research has taught us anything, it is that legal coercion is expensive and difficult. Law can rarely hope to be meaningful and effective without the cooperation, indeed the normative accord, of the vast majority of populations it hopes to control. Thus after years of researching the behavior of regulatory agencies, regulatory scholars increasingly have turned their attention to ...

~| cmember the good old days? When R hospitals were viewed as a unique communi ty benefi t , placed on a pedestal by a grateful public? When educating business and government leaders about hospital operations and healthcare issues seemed unnecessary? Those days are but a memory'. Today, the public is chopping away at that pedestal, challenging healthcare providers as never before. Employers, at...

Business environment in which banks in our country perform their activity is rather dynamic. Financial sector has, as in the most transitional countries, firstly started with the process of radical changes and continuous access to European business standards. In that sense, constant changes of legal regulations and bylaws that regulate this field set before the banks increasingly higher and mor...

Market requirements change all the time, that’s why a business organization needs to increase the level of agility in order to respond quickly to this change. Business process modeling is a key phase in the business process engineering chain because it’s the first phase and all the other phases depend on it. Providing reusability in the process modeling can be very useful in order to reduce hig...

Assuring compliance of business processes with legal and internal regulations is crucial for financial institutions, as non-compliance may lead to severe financial and juridical penalties. To ensure business process compliance, process models have been established as a widely accepted basis for the design, documentation and control of the implementation of business process rules. Accordingly, i...

Industry governance, risk, and compliance (GRC) solutions stand to gain from various analyses offered by formal compliance checking approaches. Such adoption is made difficult by the fact that most formal approaches assume that a mapping between concepts of regulations and models of operational specifics exists. We propose to use Semantics of Business Vocabularies and Rules along with similarit...