ANTI-BRIBERY MANAGEMENT SYSTEMS
Transparency and trust are the building blocks of any organization’s credibility. Nothing undermines effective institutions and equitable business more than bribery, which is why there’s ISO 37001.
It’s the International Standard that allows organizations of all types to prevent, detect and address bribery by adopting an anti-bribery policy, appointing a person to oversee anti-bribery compliance, training, risk assessments and due diligence on projects and business associates, implementing financial and commercial controls, and instituting reporting and investigation procedures.
Providing a globally recognized way to address a destructive criminal activity that turns over a trillion dollars of dirty money each year, ISO 37001 addresses one of the world’s most destructive and challenging issues head-on, and demonstrates a committed approach to stamping out corruption.
What benefits will it bring to my business or organization?
ISO 37001 is designed to help your organization implement an anti-bribery management system or enhance the controls you currently have. It requires implementing a series of measures such as adopting an anti-bribery policy, appointing someone to oversee compliance with that policy, vetting and training employees, undertaking risk assessments on projects and business associates, implementing financial and commercial controls, and instituting reporting and investigation procedures. Implementing an anti-bribery management system requires leadership and input from top management, and the policy and programme must be communicated to all staff and external parties such as contractors, suppliers and jointventure partners. In this way, it helps to reduce the risk of bribery occurring and can demonstrate to your management, employees, owners, funders, customers and other business associates that you have put in place internationally recognized good-practice anti-bribery controls. It can also provide evidence in the event of a criminal investigation that you have taken reasonable steps to prevent bribery
WHO IS ISO 37001 FOR?
ISO 37001 can be used by any organization, large or small, whether it be in the public, private or voluntary sector, and in any country. It is a flexible tool, which can be adapted according to the size and nature of the organization and the bribery risk it faces.
How does ISO 37001 fit in with my organization’s other efforts to combat bribery? The measures required by ISO 37001 are designed to be integrated into existing management processes and controls. ISO 37001 is based on the ISO High-Level Structure (HLS) for management system standards. This means it can be easily integrated into other existing management systems (such as quality, environmental and safety).
What about certification? BEST ISO could help you
Third parties can certify an organization’s compliance with the standard in the same way they do for other ISO standards such as ISO 9001. While it cannot guarantee that there will be no bribery in relation to your organization, certification or compliance with this standard can help you implement robust and proportionate measures that can substantially reduce the risk of bribery and address bribery where it does occur.