Assurance and Compliance Monitoring Support

Abstract

This chapter discusses generic concepts of compliance monitoring for anomaly detection systems [CMAD]1 in terms of the functionality of CMAD systems, the agents involved, the classes of CMAD environments, the problem solving and decision-making requirements. CMAD applied to the capital market (cm) is discussed as an example of compliance monitoring in highly complex environments. This includes a review of current literature, the problems reported and proposed solutions. Finally we introduce an additional dimension to the CMAD problem-solution construct and list potential applications.