ISO 37001 : 2016 (Anti-Bribery Management System)
An anti-bribery management system (ABMS) designed to instill an anti- bribery culture within an organization and implement appropriate controls, which will in turn increase the chance of detecting bribery and reduce its incidence in the first place.
ISO 37001 provides the requirements and guidance for establishing, implementing, maintaining and improving an ABMS.
It is designed to help an organization establish, implement, maintain, and improve an anti-bribery compliance program or “management system.” It includes a series of measures and controls that represent global anti-bribery good practices.
ISO 37001 will help an organization comply with international anti-bribery good practice and legal requirements. It will also reassure the organization’s owners, management, employees and business associates that the organization is following ethical business practices and reducing risks of financial loss and prosecution. It will therefore, ultimately, provide a competitive advantage to organizations.
Now, there is an internationally- recognized minimum set of measures for an organization to have in place to prevent, detect and response to bribery.
Who can use ISO 37001:2016 ?
- Large organizations
- Small & Medium Sized Enterprises (SMEs)
- Public, SOEs and private organizations
- Non-governmental organizations (NGOs)
The standard can be used by organizations in any country.