Compliance has become one of the biggest challenges facing businesses today. Failing to have the right controls and culture in place could mean forking out millions in fines. So how can businesses get it right? Look no further than the newly published ISO 19600:2014, Compliance management systems -Guidelines.
The least one can say is that policy makers have a difficult job. Elected by a certain portion of the population, they must do what is best for their constituents and the country as a whole. They have the daunting task of making everyone happy - public opinion, government and private sector alike - while sending out strong, positive signals for the future... This proves especially challenging in these times of economic and financial uncertainty when nobody seems to agree on the best path to follow. So how can they get it right?
What's good for the environment is often good for business, and effective energy consumption is a good example. Now businesses can improve their energy performance even more with the addition of three new ISO standards to complete their energy management range.
From wiring money to far flung places to everyday financial transactions, the humble BIC code is a vital ingredient in ensuring banking messages get sent to the right place. Now the standard that is used to define it has had a revamp, to make it even more robust and fit for the future.