Compliance Management and Standards

With the comprehensive CRISAM® GRC platform, you cover the following compliance standards, among others:

1. IDW PS 980 n.F. (09.2022)
   • The IDW Audit Standard 980 (IDW PS 980) establishes principles for auditing compliance management systems (CMS). These systems assist companies in complying with legal and regulatory requirements.
   • The standard defines seven fundamental elements for an effective compliance program: compliance culture, compliance objectives, compliance risks, compliance program, compliance organization, compliance communication, and compliance monitoring/improvement.
2. Guidelines for the UK Bribery Act
   • The UK Bribery Act is an important law aimed at combating bribery and corruption in the United Kingdom.
   • Companies should implement adequate procedures to prevent bribery. These procedures can be integrated into our CRISAM GRC platform for monitoring and reporting.
3. ISO 37301
   • The ISO 37301 is an international standard for Compliance Management Systems (CMS). It provides guidelines for establishing, developing, implementing, evaluating, and improving an effective CMS within organizations.
   • The standard is important for ensuring compliance with laws, regulations, and ethical standards, as well as for mitigating risks.
4. OECD-principles for Corporate Governance
   • The OECD Principles of Corporate Governance are the international standard for good corporate governance.
   • They assist policymakers in assessing and enhancing the legal, regulatory, and institutional framework for corporate governance to support economic efficiency, sustainable growth, and financial stability.
5. United States Federal Sentencing Guidelines
   • These guidelines establish penalties for companies that violate U.S. criminal law.
   • The CRISAM GRC platform helps monitor and document compliance with these guidelines.
6. U.S. DOJ
   • The U.S. Department of Justice (U.S. DOJ) is responsible for enforcing federal laws.
   • The CRISAM Compliance Module helps your company meet the requirements of the U.S. DOJ.
7. ISO 37001
   • The ISO 37001 is an international standard for Anti-Bribery Management Systems (ABMS). It provides guidelines for the prevention, detection, and combating of bribery and corruption within organizations.
8. COSO II
   • COSO stands for the Committee of Sponsoring Organizations of the Treadway Commission.
   • COSO II refers to the advancement of COSO guidelines for internal control systems and risk management.