The ISO 37001 standard, Anti-bribery Management Systems, addresses how to establish and implement systems that prevent bribery in an organization and to set procedures in place for maintaining and reviewing them on a regular basis.
From a USA regulatory perspective, the information contained in ISO 37001 USA is already provided in a resource issued by the US Department of Justice and the Security Exchange Commission, namely ‘A Resource Guide to the US Foreign Corrupt Practices Act’.
ISO37001 is a non-regulatory approach to preventing bribery and encourages a thoughtful, risk-based design and implementation approach to compliance programs which take into account the particular circumstances of a given organization when fighting corruption. It emphasizes that circumstances change and the implementation of such systems must also change to adapt to new challenges so that they remain an effective anti-corruption framework for ongoing compliance.
