Hyundai Capital, First in Capital Industry to Obtain 'ISO 37301 Certification'

Recognition of Compliance Management System

[Asia Economy Reporter Ki Ha-young] Hyundai Capital announced on the 7th that it has become the first company in the capital industry to obtain the 'ISO 37301 (Compliance Management System) certification.'

ISO 37301 is an international certification on compliance established by the International Organization for Standardization (ISO) in April this year. It is awarded by evaluating whether a company's compliance policies and risk management activities meet global standards and are effectively operated.

Hyundai Capital obtained the ISO 37301 certification by passing a rigorous audit conducted by Lloyd's Register Quality Assurance (LRQA), a British global certification body with a 260-year tradition. In particular, during the audit process, the establishment of a matrix for analyzing regulatory risks, the operation of an active reporting channel, and the activities of the internal control committee managing all indicators related to regulatory compliance were selected as best practices and received high evaluations.

With this certification, Hyundai Capital has been officially recognized that the various activities it has conducted for compliance management and the compliance management system currently applied meet global standards. This will prove transparency and reliability, essential competencies for global companies, both domestically and internationally, and is expected to aid in future overseas market development and ESG (Environmental, Social, and Governance) management.

A Hyundai Capital official said, "Taking this ISO 37301 certification as an opportunity, we will promote Hyundai Capital's firm commitment and efforts toward compliance management to the world and establish ourselves as a global automotive finance company trusted more by customers and society."

This content was produced with the assistance of AI translation services.