Is your company in line with international regulations such as the U.S. Foreign Corrupt Practices Act (FCPA), or the Good Practice Guidance on Internal Controls, Ethics and Compliance (OECD) or the Anti-Corruption Ethics and Compliance Handbook for Business (OECD) and The UK Bribery Act 2010 – the British Ministry of Justice’s Adequate Procedures document. SO MANY LAWS AND REGULATIONS. SO FEW RESOURCES AVAILABLE TO ENSURE COMPLIANCE.
Navigating a Sea of International Compliance Standards to Build a Framework for an Effective Strategic Compliance Program!
To stifle the spread of corruption at a global level, the world’s governing bodies have woven together with a complex and ever-expanding web of laws, regulations and standards. And these significantly impact on how multi-national organisations conduct business.
If your business isn’t meeting the myriad obligations established by government bodies worldwide, the exposure to risk can grow exponentially as each day passes. Good corporate governance begins at the top, with a strong leadership desire to demonstrate that your organisation is taking every available step to prevent bribery and corruption. The challenge comes in interpreting and complying with the many various laws, standards, codes and rules which companies face at a local, regional, and national level. Because of these challenges, you must develop a robust internal system to safeguard your organisation from the internal and external risks associated with bribery and corruption.
The guidelines set forth in the internationally accepted ISO 37301:2021 Compliance Management Systems represent the first step in developing a framework that protects the organisation from falling victim to the many risks associated with corporate bribery and/or corruption. ABAC®, powered by CRI Group, is designed to assist in developing processes and systems that help your organisation to effectively manage compliance risks and foster a system-wide culture of business integrity. Comply with confidence with ISO 37301!