JUNE 2022CONSTRUCTIONBUSINESSREVIEW.COM8By Ingrid Matos, Global Chief Compliance Officer and Internal Controlsand Jaime Olivar, Compliance Department, QGMICOMPLIANCE BECOMING PART OF THE CORPORATE SAFETY KIT IN MYOPINIONWhen in the 90s the compulsory use of safety belts was imposed in many countries, some unbelievers said that it was just a passing fad, others that the costs were not justified and many others, that it was very uncomfortable and would soon be forgotten.Although it now seems easy to understand that the seat belt was a new security item, the process to incorporate it was not a simple one. Only many years and many fines later, this new trend became a routine.In the 2000s, new reviews of the ISO 9000 series (which became popular in the 90s) gave rise to the term "process management" for the first time. At that time, the change required by the ISO standard meant a great adaptation by companies, industries and the service sector, it implied a high investment and at the beginning there was a lot of rejection and resistance, despite its benefits (for example, reduction of compensation costs, reduction of product/process remaking and continuous improvement). Nowadays, ISO 9000 standards are present in the vast majority of companies and are an eligibility criterion for public and private procurement processes.From 2010 onwards it has been the laws combating corruption that have once again astonished private initiative and large business groups. After major corruption scandals around the world, many countries have reacted by creating and putting in place strict rules, including the legal responsibility of the company regarding cases of bribery and corruption, which
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