Compliance with legal and regulatory requirements is essential for any organization, regardless of its size or industry. ISO 19600: 2017 is an international standard that provides guidelines for establishing, developing, implementing, evaluating, maintaining, and improving a compliance management system. It helps organizations identify and understand applicable laws and regulations, manage risks, and take appropriate actions to prevent violations.
By implementing ISO 19600: 2017, organizations can demonstrate their commitment to compliance, which builds trust among stakeholders, including customers, employees, regulators, and investors. It also helps organizations avoid legal liabilities, reputational damage, and financial losses that may arise from non-compliance.
ISO 19600: 2017 is a comprehensive standard that provides a framework for managing compliance risks and ensuring that organizations comply with relevant laws and regulations. It is divided into, :
Compliance management systems
Compliance requirements
Compliance risk management
Compliance monitoring
Compliance control systems
Compliance records and documentation
Compliance training
Compliance communication
Compliance review
Compliance management system continuous improvement
Each of these parts provides specific guidance on how organizations should establish, maintain, and improve their compliance management systems.
ISO 19600: 2017 is an important standard that helps organizations ensure that they are in compliance with relevant laws and regulations. By implementing this standard, organizations can avoid legal liabilities, reputational damage, and financial losses that may arise from non-compliance. It also helps organizations build trust among stakeholders and demonstrates their commitment to compliance.
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