COMMONS12 — Several OMG and external processes need concepts for describing regulatory authorities

These include tax authorities for retail applications, banking regulators in finance, other regulators for manufacturing and engineering applications. A small ontology that supports the definition of regulatory authorities, including their jurisdiction, would be quite useful for these kinds of applications and is needed for the emerging retail industry ontology.

Augment the Commons library with an ontology for regulatory agencies to support retail, manufacturing, and other applications

The primary use cases for regulatory agencies in retail are for tax authorities, but for retail pharmaceuticals, there is also a requirement to be able to represent medicines regulatory agencies and related governmental stakeholder, for example. A small ontology that supports the definition of regulatory authorities, including their jurisdiction, would be quite useful for these kinds of applications and is needed for the emerging retail industry ontology.

Note that the resolution to this issue depends on the resolutions in Ballot #3, Commons-1.2-8, including properties in the organizations ontology.