A new global standard is being developed by the International Organisation for Standardisation on anti-bribery management systems, which is intended to help organisations fight bribery and promote an ethical business culture. The new standard, IS0 37001, is likely to become a benchmark for anti-bribery systems and may influence how regulators evaluate corporate compliance programmes.
In this article, Neill Blundell, Partner and Head of the Fraud & Investigations Group and Aisling O’Sullivan, Associate in the Fraud and Investigations Group, Eversheds, examine the draft ISO 37001 and its implications.
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