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ISO 19600
ISO 19600, ''Compliance management systems - Guidelines'', is a compliance standard introduced by the International Organization for Standardization (ISO) in April 2014. As its title suggests, it operates as an advisory standard and is not used for accreditation or certification. This standard was developed by ISO Project Committee ISO/PC 271, which was chaired by Martin Tolar. In recent times technical committee ISO/TC 309 has been created and the maintenance and future development of ISO 19600 will be undertaken by members of this committee. Currently, ISO/TC 309 is in the process of developing ISO/DIS 3730 which is expected to replace ISO 19600. The main difference between these two standards is that, when published, ISO 37301 will establish requirements for the implementation of a compliance management system, as opposed to USO 19600 which only provides recommendations. This means that in the future, organizations can have their compliance management system (CMS) verified thro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Organization For Standardization
The International Organization for Standardization (ISO ; ; ) is an independent, non-governmental, international standard development organization composed of representatives from the national standards organizations of member countries. Membership requirements are given in Article 3 of the ISO Statutes. ISO was founded on 23 February 1947, and () it has published over 25,000 international standards covering almost all aspects of technology and manufacturing. It has over 800 technical committees (TCs) and subcommittees (SCs) to take care of standards development. The organization develops and publishes international standards in technical and nontechnical fields, including everything from manufactured products and technology to food safety, transport, IT, agriculture, and healthcare. More specialized topics like electrical and electronic engineering are instead handled by the International Electrotechnical Commission.Editors of Encyclopedia Britannica. 3 June 2021.Inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standards Australia
Standards Australia is a standards organisation established in 1922 and is recognised through a Memorandum of Understanding (MoU) with the Australian government as the primary non-government standards development body in Australia. It is a company limited by guarantee. As of 1998, it had 73 members representing groups interested in the development and application of technical standards and related products and services. The MoU recognises Standards Australia as Australia's representative on the International Organization for Standardization (ISO), the International Electrotechnical Commission (IEC) and the Pacific Area Standards Congress (PASC). Standards Australia develops internationally aligned Australian standards (AS) and participates in standards-related activities. Standards Australia and Standards New Zealand work together to develop joint standards (AS/NZS). Licensing of the sale of standards In 2003, Standards Australia sold its standards publication business and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Prudential Regulation Authority
The Australian Prudential Regulation Authority (APRA) is a statutory authority of the Australian Government and the prudential regulator of the Australian financial services industry. APRA was established on 1 July 1998 in response to the recommendations of the Wallis Inquiry. APRA's authority and scope is determined pursuant to the . Regulatory scope APRA was established on 1 July 1998. It oversees banks, credit unions, building societies, friendly societies, general insurance, health insurance, reinsurance, and life insurance companies, and most members of the superannuation industry. It ensures that these institutions keep their financial promises; that is, that they will remain financially sound and able to meet their obligations to depositors, fund members and policy holders. APRA currently supervises institutions holding A$8.6 trillion in assets for Australian depositors, policyholders and superannuation fund members. APRA is largely funded by levies on the financial in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities & Investments Commission
The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. ASIC, which reports to the treasurer, was established on 1 July 1998 following recommendations from the Wallis Inquiry. Areas of responsibility ASIC's authority and scope are determined by the ''Australian Securities and Investments Commission Act 2001''. ASIC's areas of responsibility include: *corporate governance *financial services *securities and derivatives *insurance *consumer protection *financial literacy ASIC's consumer websitwww.moneysmart.gov.auwas launched on 15 March 2011. MoneySmart replaced ASIC's two previous consumer websites, FIDO and Understanding Money. MoneySmart aims to help people make good financial decisions by providing free, independent and unbiased inform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compliance Management
Compliance can mean: Healthcare * Compliance (medicine), a patient's (or doctor's) adherence to a recommended course of treatment * Compliance (physiology), the tendency of a hollow organ to resist recoil toward its original dimensions (this is a specific usage of the mechanical meaning) ** Pulmonary compliance (or lung compliance), change in lung volume for applied or dynamic pressure * Compliance (psychology), responding favorably to a request offered by others Other uses * ''Compliance'' (film), released in 2012 * "Compliance" (song), single from the 2022 studio album by the English rock band Muse * Compliance, in mechanical science, is the inverse of stiffness * Compliant mechanism, a flexible mechanism * Environmental compliance, conforming to environmental laws, regulations, standards and other requirements * Regulatory compliance, adherence to standards, regulations, and other requirements * Compliance with web standards See also * Governance, risk management, and compli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Risk Management
Risk management is the identification, evaluation, and prioritization of risks, followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. Risks can come from various sources (i.e, Threat (security), threats) including uncertainty in Market environment, international markets, political instability, dangers of project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, Natural disaster, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root cause analysis, root-cause. Retail traders also apply risk management by using fixed percentage position sizing and risk-to-reward frameworks to avoid large drawdowns and support consistent decision-making under pressure. There are two types of events viz. Risks and Opportunities. Negative events can be classified as risks while positive events are classifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 31000
ISO 31000 is an international standard that provides principles and guidelines for risk management. It outlines a comprehensive approach to identifying, analyzing, evaluating, treating, monitoring and communicating risks across an organization. The goal of these standards is to provide a consistent vocabulary and methodology for assessing and managing risk, addressing long-standing ambiguities and inconsistencies in how risk has traditionally been defined and described. They are designed to be compatible with and integrated into existing management systems, supporting a unified and systematic approach to risk across all organizational functions. Introduction ISO 31000 was published as a standard on 13 November 2009, and provides a standard on the implementation of risk management. A revised and harmonized ISO/IEC Guide 73 was published at the same time. The purpose of ISO 31000 is to provide a guideline on managing risk faced by organizations Using a common approach for any ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PS 980
P.S. commonly refers to: * Postscript, writing added after the main body of a letter PS, P.S., ps, and other variants may also refer to: Arts, entertainment and media Literature * PS Publishing, based in the UK *''PS Magazine'', a U.S. Army magazine *''Popular Science'', a U.S. magazine * ''PlayStation Magazine'' (other) Music * PS Classics, a record label * ''P.S.'' (album), a compilation album of film music by Goran Bregovic * '' P.S. (A Toad Retrospective)'', a compilation album of music by Toad The Wet Sprocket * "PS", 2003 song by The Books from the album '' The Lemon of Pink'' * "P.S.", 1993 song by James from the album '' Laid'' Stage and screen * ''P.S.'' (film), a 2004 film * ''P.S.'', a 2010 film by Yalkin Tuychiev * ''PS'' (TV series), a German television series * Prompt corner or prompt side, an area of a stage Other media * PlayStation, a video gaming brand owned by Sony *PlayStation (console), a home video game console by Sony * Ponniyin Selv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plan, Do, Check, Act
PDCA or plan–do–check–act (sometimes called plan–do–check–adjust) is an iterative design and management method used in business for the control and continual improvement of processes and products. It is also known as the Shewhart cycle, or the control circle/cycle. Another version of this PDCA cycle is OPDCA. The added stands for ''observation'' or as some versions say: "Observe the current condition." This emphasis on observation and current condition has currency with the literature on lean manufacturing and the Toyota Production System. The PDCA cycle, with Ishikawa's changes, can be traced back to S. Mizuno of the Tokyo Institute of Technology in 1959. The PDCA cycle is also known as PDSA cycle (where S stands for ''study''). It was an early means of representing the task areas of traditional quality management. The cycle is sometimes referred to as the Shewhart / Deming cycle since it originated with physicist Walter Shewhart at the Bell Telephone Laboratories i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governance, Risk Management, And Compliance
Governance, risk, and compliance (GRC) is the term covering an organization's approach across these three practices: governance, risk management, and compliance amongst other disciplines. The first scholarly research on GRC was published in 2007 by OCEG's founder, Scott Mitchell, where GRC was formally defined as "the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty and act with integrity" aka ''Principled Performance®''. The research referred to common "keep the company on track" activities conducted in departments such as internal audit, compliance, risk, legal, finance, IT, HR as well as the lines of business, executive suite and the board itself. Overview Governance, risk, and compliance (GRC) are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. Governance is the combination of processes established and executed by the dir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auditing Standards
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, roll forward prior year working papers, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
