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Three critical parts of the regulatory and permitting process for Ocean Wind 1 were the Site Assessment Plan (SAP), Environmental Impact Statement (EIS), and Construction and Operations Plan (COP). BOEM approved the SAP in May 2018, allowing for the installation of two FLIDAR buoys and one metocean buoy to collect wind and oceanographic data. [16]
Regulatory risk differentiation is also referred to as the Compliance Model in some regulatory agencies. [1] See for example the Australian Prudential Regulatory Authority risk differentiation approach known as: PAIRS [2] / SOARS. [3] PAIRS is the Probability And Impact Rating System, while SOARS is the Supervisory Oversight And Response System.
China Banking Regulatory Commission (2003–2018), China Insurance Regulatory Commission (2003–2018), China Banking and Insurance Regulatory Commission (2018–2023), and Financial Stability and Development Committee (2017–2023) Hungarian Financial Supervisory Authority (2000–2013) Financial Regulator (Ireland) (2003–2010)
SAP PowerDesigner (or PowerDesigner) is a collaborative enterprise modelling tool produced by Sybase, currently owned by SAP. It can run either under Microsoft Windows as a native application or in an Eclipse environment through a plugin .
SAP HANA Information Modeling (also known as SAP HANA Data Modeling) is a part of HANA application development. Modeling is the methodology to expose operational data to the end user. Reusable virtual objects (named calculation views) are used in the modelling process.
SAP R/3 is the former name of the enterprise resource planning software produced by the German corporation SAP AG (now SAP SE).It is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment, billing, human resource management, and production planning.
In Australia, the RIS process involves extensive analysis of the underlying policy problem, the presentation and impact analysis of at least three viable solutions, and comprehensive stakeholder consultation. Policy proposals must also quantify the regulatory burden on individuals, businesses, and community organisations under the viable options.
Obligational awareness refers to the ability of the organization to make itself aware of all of its mandatory and voluntary obligations, namely relevant laws, regulatory requirements, industry codes and organizational standards, as well as standards of good governance, generally accepted best practices, ethics and community expectations.