Hana Bank Receives International Standard Certification for Compliance and Anti-Corruption Management System

The First Commercial Bank

Hana Bank announced on the 29th that it has obtained international standard certifications for the Compliance Management System (ISO37301) and Anti-Bribery Management System (ISO37001) from the Korea Standards Association (KSA).

Hana Bank stated that this certification proves internally and externally that it has established and is operating an internal control management system based on global standards. It is the result of long-term efforts by executives and employees, including top management, to establish a culture of internal control.

On the 28th, Lee Seung-yeol, CEO of Hana Bank (right in the photo), and Kang Myung-soo, President of the Korea Standards Association (left in the photo), are holding certificates and posing for a commemorative photo. [Photo by Hana Bank]

ISO37301 is an international standard for compliance management systems established and implemented by the International Organization for Standardization (ISO) in April 2021. Obtaining this certification proves that a system has been established to proactively identify and control compliance risks that may arise throughout corporate management. ISO37001, introduced domestically in November 2017, certifies that a company has established and is implementing a management system required by the international community to prevent corruption.

Hana Bank was highly evaluated for enabling employees to easily access and use laws and internal regulations through the Legal Notification System introduced in April 2019 and the revamped Internal Regulation Management System in April 2021. The bank also received excellent evaluations for fostering a culture of anti-corruption within the organization by activating the whistleblowing system and continuously conducting in-house training on the code of ethics and internal control.

Lee Seung-yeol, CEO of Hana Bank, said, "The company-wide efforts to establish compliance and anti-corruption management systems have led to the simultaneous acquisition of these two certifications. We will do our best to lead the Korean financial sector in the fields of compliance and anti-corruption management."

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