The new ISO 37301, which regulates the Compliance Management System (CMS), will come into force. Learn more about the advantages of an ISO 37301 certification for your company and how Eticor can support you with the Eticor Compliance Management System®.
The ISO 37301 regulates the Compliance Management System (CMS) and follows the ISO 19600. Although the standard is largely identical in wording to its predecessor, it differs in essential points. On the one hand, it is a binding certification standard and on the other hand, it sets new accents. For example, it takes account of social change and pays particular attention to environmental protection. The role of the compliance function (compliance officer, compliance department) is also strengthened.
Your Compliance Management System can be certified according to ISO 37301. This offers several advantages for you in your company. Since ISO 37301 is a cross-industry and international standard, your Compliance Management System will be comparable. It has already been shown in other standards, such as ISO 9001, that certification also has a positive effect on competition. You create trust with your customers. The certification shows that you actively take action against violations of the rules.
Also, with regard to the new Corporate Criminal Law (ECCHR) it is advantageous to comply with the requirements of ISO 37301. According to the new Corporate Criminal Law, your company can be sentenced to fines of up to 10 million € or 10% of the annual turnover (!), depending on its size. With a functioning compliance management system, you not only prevent compliance violations in your company, but if the worst comes to the worst, you can also significantly reduce the expected penalty. After all, certification according to ISO 37301 is strong proof of the effectiveness of a Compliance Management System.
Eticor offers the support to ensure that the implementation of ISO 37301 is successful in your company.
Employees need rules, not regulations. The digital compliance organization takes this step with Eticor. Eticor’s team of lawyers translates complex laws and standards into concrete tasks with detailed text. This ensures that the Compliance Management System according to ISO 37301 is successfully implemented from the workbench to the top management of the company. The meaningful implementation of a Compliance Management System in your company can only succeed with the digital Compliance Organization. This is the only way to describe the roles exactly, and an automatically generated compliance status provides reliable information about the degree of compliance implementation in the company.
In addition, we offer you the new training as Eticor Compliance Officer. In this training, you will learn step by step how to master the requirements of ISO 37301 in your company and how to bring your company safely through an audit.