ISO 22301

In addition to information quality and security, IDClear also implements ISO 22301 to anticipate abnormal circumstances and maintain business continuity/operations. ISO 22301 is an international standard that specifies requirements for the implementation of a Business Continuity Management System (BCMS). This standard provides guidance for organizations to establish and manage a business continuity system, which enables organizations to reduce the risk of disruption, respond effectively when disruptions occur, and recover quickly if similar events recur.

ISO 22301 specifies the requirements for effectively preparing and managing a Business Continuity Management System (BCMS), and emphasizes the importance of understanding business continuity management needs through implementing controls, monitoring effectiveness, and continuous improvement based on objective measurements.

In 2019, IDClear started the preparation process for ISO 22301:2012 certification for Business Continuity Management System and successfully obtained certification in July 2020, with the scope of Business Continuity Management System in the Provision of Clearing and Settlement Guarantee of Securities Transaction. Then, in July 2021, IDClear completed the transition audit from ISO 22301:2012 to ISO 22301:2019 with a scope adjustment to Business Continuity Management System in the Provision of Clearing and Guarantee Services.

The ISO 22301:2019 certification was issued by the certification body The British Standards Institution Indonesia with Certificate No. BCMS 724816: BCMS 724816.