Abstract
Compliance has been a research topic for more than two decades. However, in most cases it has concerned static regulations and possibilities to ensure that organizational business processes and financial matters adhere to specific laws and other regulatory requirements. This paper looks at a different perspective. The research question addressed is a possibility to predict how business entities will be impacted by changes in normative acts (regulations). These changes are detected by the proposed warning system that not only monitors changes in normative acts, but also gives an opportunity to analyse organizational data with the purpose of identifying performance of which legal entities could be negatively impacted by the changes in regulations and, thus, which entities are to be warned regarding the estimated consequences of regulatory changes.
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Acknowledgments
The research leading to these results has received funding from the project “Competence Centre of Information and Communication Technologies” of EU Structural funds, contract No. 1.2.1.1/18/A/003 signed between IT Competence Centre and Central Finance and Contracting Agency, Research No. 1.19 “Comparative analysis of regulatory and financial data of companies from different countries for forecasting business results”.
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Kirikova, M. et al. (2021). Towards Regulation Change Aware Warning System. In: Buchmann, R.A., Polini, A., Johansson, B., Karagiannis, D. (eds) Perspectives in Business Informatics Research. BIR 2021. Lecture Notes in Business Information Processing, vol 430. Springer, Cham. https://doi.org/10.1007/978-3-030-87205-2_12
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