Hanwha Defense said Thursday it had become the first South Korean defense company to obtain certification for ISO 37301, a compliance management standard of the International Organization for Standardization.

The ISO 37301, introduced by the international rule-setting body in April, examines whether a firm‘s compliance and risk management systems meet international standards.

The ISO 37301 combines ISO standards with international agencies’ guidelines, including those from the International Chamber of Commerce, the Organization for Economic Cooperation and Development and the UN Convention against Corruption.

Lloyd‘s Register, a British certification firm with 260 years of history, certified that Hanwha Defense adheres to the standard.