Myths About the ISO Anti-Bribery Standard

The International Organisation for Standardization recently published its new anti-bribery management systems standard, ISO 37,001. What’s an anti-bribery system, you ask? Many people think avoiding bribery is easy: just don’t do it. But for large organizations, avoiding bribery often means going to enormous lengths to make sure that every employee, agent, and contractor knows what counts as bribery, and the importance of not engaging in it. Ensuring compliance when you’ve got thousands of employees working in dozens of countries is no small matter. Hence the need for good management systems. ISO 37,001 is designed to help companies hit the mark. As a document that is on a difficult topic and drafted by an international committee ISO 37,001 is bound to be imperfect. The blog entry below busts some myths about the document. >>>

LINK: The top five myths about ISO 37001 exposed (by Kristy Grant-Hart and Diana Trevley for FCPA Blog)

Four months ago the ISO 37001 Anti-Bribery Management Systems document was published, and companies were finally able to have their anti-bribery program certified to an international standard. Since then we’ve repeatedly heard the same myths about the Standard.

Here’s the truth about what ISO 37001 is, what it does, and who is doing it….

What do you think?

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