Entries in ISO 37001 (14)
The launch date of the new ISO 37001 Anti-Bribery Management System standard is close, with release expected in October.
Considering the ever-higher fines for getting it wrong, why wouldn’t you certify your anti-bribery program?
ISO 37001-- a new standard for anti-bribery management systems -- slated to be published in late 2016, is expected to be more detailed and internationally recognized than similar guidance published to date.
I live in Mexico City and work in Mexico and Latin America. Here's what ISO 37001 looks like from my perspective.
Have you ever sat across from your joint venture partner in Indonesia. Romania or Taiwan trying to explain why the United States Federal Sentencing Guidelines make it so their employees should be provided with anti-bribery training? I have, and it isn't a fun conversation.
The international business community wins when companies across supply and marketing chains work to the same high standards. There is less risk and more predictability, which promotes confidence among business partners. Benchmarking among peers and establishing and sharing model language and best practices all help to ensure that companies set their sights on a reasonable common denominator for compliance.
Matt Kelly's post for the FCPA Blog about ISO 37001 -- the draft standard for anti-bribery management systems-- was a helpful introduction. We're both members of the ISO 37001 U.S. Technical Advisory Group. We'd like to explain why ISO 37001 is different from past standardization efforts for compliance and why it's important.