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Austria’s Business Community Embarks on Corporate Compliance Training Initiative
In an effort to strengthen its corporate governance framework, Austria’s business sector is set to undergo rigorous compliance training for senior executives. The Certification Scheme aims to equip high-level professionals with the necessary skills and knowledge to ensure their organizations conform to national and international regulations.
Program Overview
The program is specifically designed for specialized executives responsible for developing, implementing, and reviewing internal controls, policies, and procedures within their companies. These individuals will be trained to:
- Prevent and settle legal violations
- Provide advisory support to management on risk management and regulatory compliance matters
- Develop training programs for employees to raise awareness about compliance policies and rules
Eligibility Requirements
To participate in the scheme’s examination mechanism, applicants must meet the following prerequisites:
- Be at least 21 years old
- Hold a higher education degree or have three years of professional experience as a Compliance Officer or in a related field
- Candidates without a law, business administration, or economics background will need to complete a 40-hour theoretical training course on compliance
Certification Procedure
The certification procedure involves a single theoretical examination. Successful candidates will be awarded a five-year validity certificate. The entire process is accredited by the Hellenic Accreditation System (E.SY.D.) in accordance with ISO/IEC 17024 international standards.
Contact Information
For more information on the Certification Scheme, including examination dates, participation prerequisites, and costs, interested parties are advised to contact the People Certification Department at:
- Phone: +43 1 5220920
- Email: people.certification@tuv.at
We hope this information has been helpful in your pursuit of corporate compliance training.