The ISO 37001 Anti-bribery Management System – Requirements standard was released by the International Organization for Standardization (ISO) in 2016 to provide a framework for establishing, implementing, operating, maintaining and continually improving anti-bribery management. Included is a guide on the actions and methods which organizations can take to comply with the requirements of the standard.
The ISO 37001 USA standard is not prescriptive; the US has definitive rule which have legal force that are defined by the Securities and Exchange Commission and the US Department of Justice. This standard is useful, however, in providing insights into effective management controls for anti-bribery approaches and includes recommendations on how to effectively implement anti-corruption policies. The way these are implemented in specific circumstances will depend on an organization’s business activities and its risk profile. Certification in this ISO standard does not provide a defence against prosecution.