Managing Regulatory Compliance: a Business-Centred Approach

Welcome to MaRCo

MaRCo is a joint research project between the MDE (Model Driven Engineering) group led by Prof. Pierre Kelsen and the ICR (Individual and Collective Reasoning) group led by Prof. Leon van der Torre.

MaRCo is hosted in the Interdisciplinary Centre for Security, Reliability and Trust, at University of Luxembourg.

MaRCo is funded by Fonds National de la Recherche Luxembourg, in the framework of CORE Thematic Programme.

May 1, 2010 – April 30, 2013

The processes that underpin the businesses of our everyday lives are governed by regulations of ever growing complexity. In this context, it is important

  • to be able to describe these complex regulations rigorously, precisely and unambiguously,
  • that business practitioners are actually able to specify both regulations and business processes,
  • to be able to check in an automated way that business processes comply with their underlying regulations.

MaRCo proposes to tackle these three issues. On one hand MaRCo improves existing approaches to formally describe (or model) norms. On the other hand MaRCo makes this practical and usable by practitioners in such a way that the mathematical based formalisms involved in norm specification do not constitute a barrier to practitioners that know the business domain, but not the underlying mathematical formalism being used and so MaRCo proposes a visual-based approach to norm specification. Finally, MaRCo checks the compliance of business processes against the norms that govern them in order to be able to detect in an automated way business processes that violate their underlying regulations.

MaRCo aims at creating added value for service-related industries (e.g. in the banking sector) by making the specification of business processes and norms rigorous and precise yet accessible to domain experts, and enabling an automated approach to compliance checking. This should provide means to ensure that services are aligned with their underlying local and international regulations. With the growing need for regulatory compliance this will strengthen the expertise in service science in Luxembourg.