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  2. Generally Accepted Recordkeeping Principles - Wikipedia

    en.wikipedia.org/wiki/Generally_Accepted...

    However, in Level 2, the organization is still vulnerable to legal or regulatory scrutiny since practices are ill-defined and still largely ad hoc in nature. Level 3 (Essential): This level describes the essential or minimum requirements that must be addressed in order to meet the organization's legal and regulatory requirements.

  3. User requirements document - Wikipedia

    en.wikipedia.org/wiki/User_requirements_document

    For example, a business consideration could be the foot print of equipment prior to installation to ensure there is enough room. Likewise, a regulatory consideration could be the ability for the system to provide an audit trail to ensure the system meets regulatory requirements .

  4. Legal governance, risk management, and compliance - Wikipedia

    en.wikipedia.org/wiki/Legal_governance,_risk...

    Legal risk management refers to the process of evaluating alternative regulatory and non-regulatory responses to risk and selecting among them. Even with the legal realm, this process requires knowledge of the legal, economic and social factors, as well as knowledge of the business world in which legal teams operate. [ 4 ]

  5. ISAE 3402 - Wikipedia

    en.wikipedia.org/wiki/ISAE_3402

    Examples of legal and regulatory criteria are OECD principles, GDPR, MaRisk or GoBD. Carve-out method: Refers to a method according to which the internal control system of a sub-service provider is not included in the scope of the audit of the service provider. For the service provider's customer, an ISAE 3402 report with a CARVE-OUT is ...

  6. Regulatory compliance - Wikipedia

    en.wikipedia.org/wiki/Regulatory_compliance

    The financial, research, and pharmaceutical regulatory structures in one country, for example, may be similar but with particularly different nuances in another country. These similarities and differences are often a product "of reactions to the changing objectives and requirements in different countries, industries, and policy contexts". [7]

  7. Regulatory law - Wikipedia

    en.wikipedia.org/wiki/Regulatory_law

    Regulatory law refers [1] to secondary legislation, including regulations, promulgated by an executive branch agency under a delegation from a legislature; as well as legal issues related to regulatory compliance. It contrasts with statutory law promulgated by the legislative branch, and common law or case law promulgated by the judicial branch.

  8. Basel Accords - Wikipedia

    en.wikipedia.org/wiki/Basel_Accords

    In 1988, the Basel Committee published a set of minimum capital requirements for banks. This is also known as the 1988 Basel Accord, and was enforced by law in the Group of Ten (G-10) countries in 1992. A new set of rules known as Basel II was developed and published in 2004 to supersede the Basel I accords.

  9. Admission to practice law - Wikipedia

    en.wikipedia.org/wiki/Admission_to_practice_law

    In order to practice law (and to get the lawyer's license), the following requirements are necessary (legally mandatory): a bachelor's degree in Law (4 years), a master's degree in Law and Legal Practice (2 years), a legal internship (6 months, within those two years) and passing the All Spain Bar Examination (convened annually by the ...

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