ISO 37001: Is it something you need to consider?

Joe Murphy (joemurphy@gmail.com) is a Senior Advisor at Compliance Strategists, SCCE’s Director of Public Policy, and Editor-in-Chief of CEP Magazine.

In 2016, The International Organization for Standardization (ISO) issued a standard for anti-bribery management systems, ISO 37001. This has garnered a fair amount of attention and commentary in our field. Although a number of reputable commentators have supported it, others have panned it as unnecessary or even counterproductive. After a couple years’ experience, the value of the standard still remains unresolved. Of particular note about the standard is that companies can pay for third-party reviews of their anti-bribery compliance program and obtain official certification of the program.

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