Prevention of corruption – new ISO standard 37001:2016
12.01.2017
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From 1 January, for the first time it is possible to acquire a certificate of compliance of implemented policies and procedures relating to the prevention of corruption. Abovementioned provides a new, certified ISO standard – 37001.
The implementation of internal procedures in accordance with ISO standard 37001 will not only positively influence on raising the awareness of all employees working in anti-corruption sector, but it will also create an opportunity to present to other organizations, customers and contractors that certain organization applies high compliance standards.
Being in possession of an anti-corruption system compliant with the ISO requirements, creates the necessary security framework for the organization management and provides an evidence that the organization has made an effort to react against the possibility of the corruption in its structures. Aforesaid may be important in the context of public procurements or in the event of conducting proceedings against organization under the Act on the liability of collective entities (i.e. companies and other organizations), in which proving due diligence of organization in the field of prevention of corruption may have a significant impact on avoiding responsibility.
Full content of the legal alert is available in attached PDF.
