Compliance

Israel Weapon Industries (I.W.I) Ltd. (“IWI”) is subject to the Israeli anti-corruption laws and to the OECD anti-bribery convention combating corruption and bribery of foreign public officials in the international business environment.
As such, the Board of Directors of IWI has adopted a compliance program that applies zero tolerance for any acts of corruption and/or bribery. This program applies to all IWI’s business activities in any foreign countries, within any business interaction, both direct and/or through business partners.
The main purpose of the Compliance Program is to ensure fulfillment of the applicable legal guidelines, which prohibit, among other, corruption and bribery of local and foreign public/government officials.

IWI is fully committed to conducting its business ethically and honestly based on values of integrity, transparency, and accountability. IWI expresses strong explicit support for its directors, officers, employees, and agents to ensure these values are honored by them.

As a sign of IWI's deep commitment to implementing the compliance program, since 2020,  IWI has been certified and continuously holds the International Standard for the Prevention of Bribery and Corruption, ISO 37001.

By adopting a compliance program and by establishing a clear policy, control, and supervision mechanism IWI aims to participate in any international business opportunity fairly and ethically, preventing any corruption and bribery of foreign civil servants.
As a part of active and visible commitment to the implementation of the compliance program, IWI’s Compliance Officer is a company’s officer reporting to the CEO. The Compliance Officer is responsible for implementation of the Program, for managing of Due Diligence procedures, anti-corruption training, periodic risk assessment and any other activities related to the Compliance Program.
For IWI policy of Zero tolerance for bribery and corruption, CLICK HERE