METLEN further strengthens its governance and compliance framework and once again leads the way by obtaining certification of compliance with the international standard ISO 37003 (Fraud Control Management Systems) from the independent certification body TÜV NORD Greece.
The successful completion of the compliance audit confirms that METLEN implements a structured, systematic and internationally recognized Fraud Control Management System, covering the prevention, early detection and effective response to fraudulent activities across the entire spectrum of the organization’s operations.
METLEN is the first Greek company confirmed to comply with ISO 37003, which entered into international force as recently as May 2025. This certification seals the company’s ongoing and tangible commitment to innovation, continuous improvement and the adoption of the most up-to-date international compliance practices.
ISO 37003 provides guidance to organizations for establishing, implementing, maintaining and continually improving fraud risk management controls, promoting integrity, accountability and resilience against fraudulent activities. The certification reflects METLEN’s proactive approach to safeguarding its operations, assets and stakeholders.
METLEN’s Director of Regulatory Compliance, Mr. S. Karapidakis, stated: “Fraud poses a significant risk to organizations and the communities they serve. Achieving ISO 37003 certification demonstrates our zero-tolerance approach to fraud and our commitment to strong prevention mechanisms, timely detection and effective response. This milestone confirms that fraud risk management is embedded in our governance, culture and day-to-day operations.”
The CEO of TÜV NORD Greece, Ms. V. Kazazi, stated: “METLEN’s ISO 37003 certification demonstrates that the company has developed a comprehensive and effective fraud risk management system that goes beyond compliance and builds trust with all stakeholders.”
With the adoption of ISO 37003, METLEN completes a comprehensive set of compliance certifications, as it already holds the following standards:
Representatives from the National Transparency Authority, the Hellenic Capital Market Commission, the Hellenic Compliance Officers Association, the Institute of Internal Auditors Greece, and the Association of Certified Fraud Examiners (ACFE) Greece attended the ISO 37003 certification award ceremony.
