Approving a New Rule Version
FundApps periodically releases new versions of existing rules, which create tasks in your Dashboard Task List. Only users with Administrator privileges can approve new rule versions. Reviewing and approving rule updates promptly ensures your compliance monitoring reflects current regulatory standards.
Approving a Rule Version
After clicking on the rule approval task, your environment will display the differences between the rule versions. This is where you also have the option to approve the new version.
It's crucial that all rule changes are carefully evaluated before granting approval. Ensure that all proposed updates align with your understanding of the regulation in question.
To approve a rule version:
Go to the Dashboard and select the rule approval task from the top of the Task List.
Review the version comparison screen to see the differences between rule versions.
(Optional) Select the Legal Source link in the upper right-hand corner to view the corresponding regulatory section in the aosphere Rulefinder Portal.
Confirm the proposed updates and approve the new version.
Disagreeing with a Rule Interpretation
If you disagree with how a rule has been coded or need help understanding a change, contact the Support team. We can clarify the updates or discuss the regulatory interpretation with you.
What to Do After Approving a Rule Version
Approving a rule does not automatically update existing results generated prior to the approval. To apply the newly approved rule version:
Upload a new file, or
Rerun your existing data.
Rerunning a file regenerates and replaces the results produced by the previous rule version. You can also compare past versions at any time by navigating to the rule page and opening the History tab.