IBM watsonx Platform: Compliance obligations to controls mapping
4 min read - US regulators including the Office of the Comptroller of the Currency (OCC), Securities and Exchange Commission (SEC), Federal Reserve Board (FRB) and others mandate financial services organizations to prove that laws, rules and regulations (LRRs) are covered across their risk governance framework. This oversight helps ensure a secure and sound control environment that aligns with the organization's risk tolerance and heightened regulatory standards. However, interpreting banking regulations can be complex and subjective, requiring expert judgment to determine applicability to specific…