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Is ISO 37001 a step forward in fighting corruption? Probably not

Is ISO 37001 a step forward in fighting corruption? Probably not

The words standard and corruption in the same sentence have very little sense; whoever has been living and doing business outside its own courtyard will agree. Besides that, the said ISO standard does not anything new that legal specialists are not already aware about, in particular, best practices in the anticorruption framework, already set forth in several international fora (e.g. COSO Framework, US Federal Sentencing Guidelines, OECD Good Practices Guidelines on Internal Controls and The Bribery Act 2010 Guidance, issued by the UK Ministry of Justice).

Read Full Article: anticorruptiondigest.com

     
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