{"id":7818,"date":"2020-07-20T16:05:52","date_gmt":"2020-07-20T16:05:52","guid":{"rendered":"https:\/\/crigroup.com\/?post_type=case-study&p=7818"},"modified":"2023-05-01T13:24:33","modified_gmt":"2023-05-01T13:24:33","slug":"brexit-and-corruption","status":"publish","type":"case-study","link":"https:\/\/crigroup.com\/ar\/case-study\/brexit-and-corruption\/","title":{"rendered":"Brexit poses New bribery challenges: Get your FREE Guide now!"},"content":{"rendered":"

However ISO 37001 provides solutions<\/h2>\n

While the United Kingdom has positioned itself as a leader in the fight against fraud and corruption, the shifting economic conditions surrounding Brexit have raised uncertainty and vulnerability. As some organizations are forced to forge new trade deals outside of already established European Union (EU) relationships, some experts warn that there will be more exposure to corrupt markets. This new wrinkle comes nine years after passage of the Bribery Act 2010, which marked a major salvo in the war against bribery and corruption.<\/p>\n

The Bribery Act enhanced existing British law against corruption and placed a new level of responsibility squarely at the feet of organizations. It requires organizations to demonstrate anti-bribery procedures and controls, while also providing strict penalties for breaches of anti-bribery laws. The takeaway for UK companies is that they need to take action now.<\/p>\n

With Brexit posing challenges through new, untested trade deals in various markets, organizations need ISO 37001 \u2013 Anti-Bribery Management Systems standard as a comprehensive approach to mitigating risk. ISO 37001 include adopting an anti-bribery policy, including anti-bribery compliance, training, risk assessments and due diligence on projects and business associates. It also calls for implementing financial and commercial controls, and instituting reporting and investigation procedures.\u00a0 In this FREE eBook you can read about real life cases and get the answers to the following questions:<\/p>\n