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What is ISO 37301?
ISO 37301 is an international standard for compliance management established by the International Organization for Standardization (ISO).
ISO 37301 is applicable to all types of organizations and provides guidance and defines the requirements for establishing, developing, executing, evaluating, improving and managing an organization's effective compliance management system.
What are the benefits of ISO 37301?
Responding to changes in management trends to comply with social responsibility of global corporation
Demand for the establishment of a desirable governance system for an organization
Proactively prevent and reduce risk of compliance violations
Strengthen governance, one of the non-financial components of the corporation
Prevention or early detection of violations of regulations, reduction of the risk of fines, penalties, suspension of work, litigation and damage to reputation, etc
Improve internal understanding and risk management of the organization's situation, business operations, obligations, and compliance risks