First published in December 2014 ISO 19600 provides guidance for organisations on how to establish an effective compliance framework.
About ISO 19600
Created by compliance experts from around the world, ISO 19600 can be implemented by all organisations irrespective of their size, structure, nature and complexity.
Building a compliance programme using the guidance outlined within the standard will allow organisations to meet all of their regulatory obligations and manage their operational risks across international functions with a single uniform compliance framework.
ISO 19600 outlines several processes that need to be established to ensure a sound compliance management system is in place. These Include:
Determining the scope of the compliance programme
Ensuring ownership by the organisation’s leadership
Creation of the compliance policy
Identification of risks and obligations
Creation of controls & documentation
Assignment of roles and responsibilities
Ongoing Monitoring, Audit & continuous improvement