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ARTICLE · 19 OCTOBER 2016

ISO 37001 – Anti-Bribery Management Systems

Last October 14, the International Organization for Standardization - ISO published the standard ISO 37001 - the Anti-Bribery Management Systems

BrazilCriminal Law

Last October 14, the International Organization for Standardization - ISO published the standard ISO 37001 - the Anti-Bribery Management Systems.

ISO 37001 is the first international standard for anti-bribery management system designed to help organizations combat the bribery risks in their operations and throughout their global value chains. According to the Brazilian Association of Technical Standards - ABNT, a founding member of the ISO, ISO 37001 has the potential to reduce risks and corporate costs related to bribery by providing a viable business structure to prevent, detect and treat bribery.

The standard is primarily designed to help organizations in their anti-bribery policies through a culture of integrity, transparency and compliance with applicable laws and regulations. The standard requirements are generic and can be applied to any organization or part of an organization, regardless of type, size and nature of its activity, whether public, private or

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