International Compliance Management

Accessing global markets with TÜV SÜD

A world of opportunity opens up when a product meets with all the compliance requirements of its target markets. However, the process of obtaining separate approvals for each market can be complicated, time-consuming and costly.

If it is not handled competently, the process can add substantial cost and delay the time to market, causing a company to lose its competitive edge despite having a superior product.

By partnering TÜV SÜD, manufacturers are able to meet the necessary requirements of target countries in an efficient and cost-effective way. Product certifications by TÜV SÜD can also minimize product liability risks and act as a strong marketing advantage against competition.

What is ICM?

International Compliance Management (ICM) is a systematic process of managing compliance with regulations to gain access to global markets. Depending on the nature of the product and the regulatory requirement of the product's target markets, a manufacturer may require a customised ICM approach.

ICM solutions revolve around 5 main avenues:

• Governmental MRAs (Mutual Recognition Agreements)
• Third-party Accredited Bodies
• Bilateral Agreements
• Multilateral Agreements
• Interface with Regulators

TÜV SÜD's value add

The involvement of an experienced compliance expert will enable you to meet the necessary requirements of target countries efficiently and cost-effectively.

Product certifications by TÜV SÜD can also minimize product liability risks and act as a strong marketing advantage against competition.

To learn more about TÜV SÜD ICM services, click here.