A few days ago, the group standard "Evaluation of the Effectiveness of Compliance Management System of Small and Medium-sized Enterprises" (hereinafter referred to as the "Group Standard") was officially released with the approval of the China Association of Small and Medium-sized Enterprises. This is the first group standard on the evaluation of the effectiveness of compliance management system of SMEs in China, which provides a comprehensive and detailed standardization of the evaluation method, evaluation process and evaluation indexes of compliance management system of SMEs, and is an innovative initiative in the field of compliance construction of SMEs. Mr. Sun Yanhui, a senior partner of King&Capital Law Firm and the partner-in-charge of the Corporate and Compliance Department, participated in the drafting of the evaluation standard and recently received the drafter's certificate issued by the Corporate Compliance Committee of China Association of Small and Medium Enterprises.
The purpose of the Group Standard is to standardize the evaluation activities of the effectiveness of compliance management systems for small and medium-sized enterprises (SMEs), to guide and promote the construction of their compliance management systems, to enhance their compliance management capabilities, to identify and prevent compliance risks, and to build a culture of compliance. Its significance is mainly reflected in:
I. Helping to promote the construction of compliance culture in SMEs
Compliance evaluation helps to promote the establishment and improvement of enterprise compliance system, so that the substantive value of establishing compliance system is greater than the formal value, thus prompting enterprises to form a compliance culture.
Helping SMEs build a scientific and effective compliance system
Compared with large enterprises, the compliance foundation of SMEs is weak. Through the standardized compliance system evaluation and integration, the compliance foundation of the enterprise is further strengthened, which leads to the reengineering and upgrading of the compliance system of the enterprise.
C. Filling the gaps in the standardized construction of compliance evaluation and certification for SMEs in China
The Group Standard is China's first group standard on the evaluation of the effectiveness of compliance management system for SMEs, and is a milestone in the construction of SME compliance system, which provides a set of comprehensive and perfect evaluation methodology of SME compliance management system, provides a reference basis for the establishment of SME compliance system, and enables the enterprises to constantly find and correct deviations in compliance, and promotes the continuous improvement of the compliance system of the enterprises.
The introduction of the Group Standard is not only in line with the current development stage of small and medium-sized enterprises, but also has the significance of forward-looking guidance for the long-term development of small and medium-sized enterprises' compliance construction. The publication and implementation of the Group Standard will effectively promote the compliance and high-quality development of SMEs, escort the standardized development of SMEs, and provide a solid guarantee for the high-quality development of SMEs.
The Group Standard is a high degree of condensation of the comprehensive compliance management system after comprehensively considering the characteristics of SMEs, and contains the core elements of the comprehensive compliance management system, which has a high degree of appropriateness for China's SMEs. In the face of the trend of gradual tightening of the internal and external regulatory environment, MSMEs should proactively carry out and strengthen compliance management to effectively prevent and control compliance risks.
Translated with DeepL.com (free version)
