Our commitment to building standards in the compliance industry
ETHIC Intelligence® is a boutique audit and certification agency with a focus on compliance and its various sublevels. We audit organisations’ compliance programmes to gauge effectiveness, audit partners with the goal of reducing organisational risk, and certify management systems according to the International Standards Organisation (ISO*) to display adherence to global best practices. Our current competencies include, but are not limited to, Partner Risk Scoping, Channel Partner Audits, Supplier Audits, Compliance Programme Audits, certification for ISO 37001 Anti-Bribery Management Systems, and the testing of compliance programmes according to ISO 19600 (soon to be replaced by the certifiable ISO 37301). Our services are applicable to compliance programmes and organisations of all types, sizes, and sectors.
An Industry Pioneer
Since our inception, ETHIC Intelligence has been at the forefront of creating standards in the Compliance Industry. In 2006, we developed the first ever standard for certification of anti-corruption programmes. Large corporations including Alstom, Orange and Schneider Electric were certified against this standard. We then participated in the drafting of both the ISO 19600 standard on compliance management systems (guidelines published in 2014) and the ISO 37001 standard on anti-bribery management systems (requirements with guidance for use published in 2016), which replaced our private standard. ISO 37001 became the first certifiable ISO standard in the area of compliance. We are also currently contributing to the new ISO 37301, a certifiable standard that will replace ISO 19600.
2019 was a big year at ETHIC Intelligence. After a thorough process, we were accredited by both ANAB** and COFRAC *** for the certification of the ISO 37001:2016 standard on Anti-Bribery Management Systems (ABMS). Although we were already a world-leader in anti-corruption compliance certifications, it became increasingly obvious through client comments that certification under accreditation would add more value. Accreditation involves continual improvement to our own system and procedures, so that we are always on the cutting edge of developments in anti-bribery management system certification.
Investors are becoming increasingly convinced of the added value ESG programmes bring to organisations. The development of new ISO compliance standards will benefit the industry by setting new benchmarks that organisations can strive to adhere to. ETHIC Intelligence will strive to not only offer audits/certifications against any applicable standards, but also offer our expert input during the drafting process.
This will include the ISO 37002 standard for whistleblowing management systems whose expected 2021 release we are eagerly awaiting. Such a standard is becoming more and more relevant as countries and regional bodies, particularly the EU, adopt stricter whistleblower protection requirements.
While not every company will want to get certified, every company needs to have its compliance programme reviewed by an external party. This ensures that the programme is up to date with the latest best practices and that it has been effectively implemented across the organisation. We have recently developed our Compliance Progamme Audits and Benchmarking service to offer a solution to address this global necessity.
As they provide the highest risk to organisations throughout the globe, every company needs to conduct due diligence on its external suppliers. At ETHIC Intelligence, we believe that current standard due diligence is ineffective against organisations’ most at risk partners and results in inefficient spending of the compliance budget. We have recently developed our Partner Integrity Auditing Services™ which reduce the risk of the highest risk external third parties more effectively while lowering due diligence spending overall.
We are developing other audit offerings to provide additional solutions for organisations who wish to better manage their compliance and third-party risk.
ETHIC Intelligence® does not provide guidance nor advice nor consulting on the development of an anti-bribery management system. ETHIC Intelligence® is ONLY a certification body and we recommend all clients who are looking for a consulting organisation to help develop an anti-bribery programme to consult with other companies in the anti-corruption or management consulting space.
*ISO, the International Organisation for Standardisation is an independent, non-governmental international organisation regrouping 164 national standards bodies such as ANSI in the US, or BSI in the UK. These oversee developing international standards through a process of consensus. In 2016, ISO created a Technical Committee, the ISO/TC 309, specifically responsible for developing standards related to the “Governance of Organisations”
**ANAB: ANSI National Accreditation Board is an Accreditation Body based in the United States
***COFRAC: Comité Français d’Accréditation is the French Accreditation Body
(COFRAC Accreditation N°4-0609 List of locations and scope available at www.cofrac.fr)