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New ISO Standard for Compliance Management Makes Everyone a Winner

ISO 37301 provides everything needed to develop, implement, maintain, and improve an effective compliance management system

Clare Naden
Mon, 05/03/2021 - 12:00
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The regulatory landscape is constantly changing, and organizations need systems in place to ensure they keep up. But complying with laws and regulations can be so much more than just ticking a box: it can be the result of a deeply entrenched culture of integrity and good ethics. All of which is a recipe for business success. A compliance management system is a way of getting there and a new standard has just been published to help.

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ISO 37301—“Compliance management systems—Requirements with guidance for use,” provides everything an organization needs to know to develop, implement, maintain, and improve an effective compliance management system. It replaces ISO 19600:2014—“Compliance management systems—Guidelines.”

Howard Shaw, chair of the ISO technical committee that developed the standard, says compliance is not just about avoiding fines and should not be limited to one department. It is everyone’s affair.

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