By Adam Turteltaub
While at the 2018 SCCE Basic Compliance and Ethics Academy in Singapore I had the good fortune to meet Sabine Fercher, the Group Head of Compliance for Avaloq, a provider of IT solutions for the banking industry. She was attending the Academy with several of her colleagues from around the world.
Sabine is an advocate for ISO 19600, which is a standard for compliance programs. Unlike the better known and oft-discussed ISO Standard 36001 for anti-corruption programs, 19600 is not a standard companies are certified against. Instead it “provides guidance for establishing, developing, implementing, evaluating, maintaining and improving an effective and responsive compliance management system within an organization.”
As Sabine explains in the podcast, work on this standard goes back many years. It was designed to be used by companies and organizations from a wide range of industries.
Listen in as she explains what it covers, what it emphasizes, how it should be used, and how it shouldn’t.