Requirement Details
The Anti-Corruption and Bribery Topical Requirement, expected in 2025 or 2026, will provide comprehensive standards for auditing anti-corruption programs and fraud prevention controls. This requirement will address bribery risk assessment, due diligence on business partners, gifts and entertainment policies, political contributions, and facilitation payments. It will include frameworks for evaluating anti-corruption training effectiveness, investigation protocols, whistleblower protections, and remediation processes. The standard will cover compliance with international anti-corruption laws including FCPA, UK Bribery Act, and local regulations. Special focus will be on high-risk jurisdictions, third-party intermediaries, and emerging fraud schemes.