The importance of compliance in companies has been growing for years. This is because companies have a responsibility to ensure compliance with the increasing national and international regulations and to meet compliance requirements. This can be demonstrated, for example, with the implementation of an effective compliance management system (CMS).
As a guideline and support for the implementation of a CMS, the international standard ISO 19600 was published in 2014.
The publication of ISO 37301 in April 2021 now creates an opportunity to prove the effectiveness of a CMS with international validity. In contrast to ISO 19600, which as a type B standard only contains recommendations, ISO 37301 is a type A standard that is suitable for both implementation and certification and contains clear obligations for companies.
The new DIN standard ISO 37301 defines requirements and offers guidelines for introducing, implementing and improving a modern CMS in the company.
You can find more information about the new standard in a report from KPMG. This report is available in German or English.