ISO 37001

Anti Bribery Management Systems

Anti Bribery Management Systems ( AbMS ), specifies a series of measures to help organizations prevent, detect and address bribery.

An anti-bribery management system is designed to instil 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, Anti-bribery management systems – Requirements with guidance for use, gives the requirements and guidance for establishing, implementing, maintaining and improving an anti-bribery management system. The system can be independent of, or integrated into, an overall management system.

It covers bribery in the public, private and not-for-profit sectors, including bribery by and against an organization or its staff, and bribes paid or received through or by a third party. The bribery can take place anywhere, be of any value and can involve financial or non-financial advantages or benefits.

What is ISO 37001 ?
ISO 37001 is designed to help an organization establish, implement, maintain, and improve an anti-bribery compliance programme It includes 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.
Why ISO 37001?

The Standard benefits an organization by providing:

  • Minimum requirements and supporting guidance for implementing or benchmarking an anti-bribery management system.
  • Assurance to management, investors, employees, customers, and other stakeholders that an organization is taking reasonable steps to prevent bribery.
  • Evidence in the event of an investigation that an organization has taken reasonable steps to
    prevent bribery