Towards Automated Extraction of Business Constraints from Unstructured Regulatory Text

Abstract

Large organizations spend considerable resources in reviewing regulations and ensuring that their business processes are compliant with the law. To make compliance workflows more efficient and responsive, we present a system for machine-driven annotations of legal documents. A set of natural language processing pipelines are designed and aimed at addressing some key questions in this domain: (a) is this (new) regulation relevant for me? (b) what set of requirements does this law impose?, and (c) what is the regulatory intent of a law? The system is currently undergoing user trials within our organization.