I was on top of the world in the Land Down Under earlier this month, where I had the privilege of joining the best and the brightest in the compliance profession to discuss guidelines for best practices, including the only global anti-bribery standard, ISO 37001.
Our mission? To develop three new compliance standards and create an ISO 37001 Handbook.
ISO TC-309, as the committee is called, is organized under ISO, the International Organization for Standardization. The committee is comprised of delegates from over 48 participating member countries and 17 observing member countries – a truly global effort! For our annual meeting, Standards Australia generously hosted delegates from over 27 countries for five days in Sydney, supplying conference rooms for the four different working groups meeting simultaneously – and loads of coffee.
While some people in the United States don’t understand the importance of the ISO 37001-Anti-Bribery Management Systems standard, standards in other countries are incredibly important. Policy-makers use the standards as the driving force behind new legislation, regulatory bodies audit and benchmark companies they are reviewing against the standards, and many companies treat the standards – certifiable or not – as de-facto requirements for their organization.
We are working on several key initiatives that every compliance officer should know about:
Brand New Compliance Standards
ISO TC-309 is developing two new standards:
Guidelines for the Governance of Organizations (ISO 37000)
Guidelines for Whistleblowing Management Systems (ISO 37002)