November 2019 – Ákos Nagy, Partner in Kinstellar's Budapest office and co-head of the firm's Compliance, Risk and Sensitive Investigations (CRSI) practice, and his colleague Áron Barta gave a presentation on 14 November 2019 at a conference co-organised by Kinstellar to discuss the implementation in Hungary of the ISO 37001 standard on Anti-Corruption Management Systems.
The event, co-organised by Ernst & Young (EY) and the Hungarian Bureau of Standardization (MSZT), was well attended and attracted many corporate executives, compliance professionals, lawyers and public sector executives.
During their presentation Ákos Nagy and Áron Barta emphasised that the ISO 37001 standard provides a flexible prevention, identification and management framework that is capable of significantly reducing the external and internal corruption risks threatening both market and non-market operators. They explained that the new anti-corruption standard also contains various forward-looking best practices, which may be useful for companies that take the fight against corruption seriously.
Kinstellar participated in professional work related to the implementation of the ISO 37001 standard in Hungary, together with EY, MSZT and the Hungarian Integrity Network (Integritás Hálózat).