ISO 37001:2016
Anti-Bribery Management System
What is ISO 37001:2016 Anti-Bribery Management System?
ISO 37001:2016 is the first published standard written for the topic of bribery. Its full title is “Anti-Bribery Management System – Requirements with guidance for use.” It specifies requirements and guides establishing, maintaining, reviewing, and improving an anti-bribery management system. The system can be stand-alone or can be integrated into an overall management system.
The requirements of ISO 37001 are intended to apply to all organizations (or parts of an organization), regardless of type, size, and nature of the activity, and whether in the public, private or not-for-profit sectors.
Why an Anti-Bribery Management Standard?
Bribery is an ugly practice that undermines the trustworthiness of any organization, industry, or region.
To even be suspected of involvement in bribery can significantly affect an organization’s ability even to be considered for bidding on future business.
How can an organization shake its “reputation” without mutually respected standards for combatting bribery?
How Does ISO 37001:2016 Anti-Bribery Management System Work?
Anti-Bribery Management System focuses on three key areas in establishing a system for anti-bribery management.
Prevention of bribery incidents.
The defection of bribery incidents.
Response to bribery incidents.
What are the Benefits of ISO 37001?
There are numerous material and intangible benefits to pursuing certification to ISO 37001: 2016. These includes:
Detection of Bribery Risks – Implement measures to prevent and control bribery risk.
Business Confidence – Implementing the ISO 370001 Standards engenders trust-based cooperation.
Core Reduction – Implementation of strict financial controls, Separation of duties.
Minimization of Conflict of Interest – Communication of consequences for involvement in bribery.
Adoption of Anti-Bribery Culture – Awareness and training aspects of the Anti-Bribery Management System promote Anti-Bribery culture.
The Standard Benefits an Organization by Providing – Minimum requirements and supporting guidance for implementing or benchmarking an anti-bribery management system.
What are the Major Steps in Establishing ISO 37001?
Define the context of the organization.
Define the scope and the processes of the ABMS.
Determine the bribery risks to be managed.
Establish the intended outcomes of the ABMS.
Assign Roles, responsibilities, and authorities.
Plan the actions to achieve the intended outcomes.
Support the ABMS and its processes.
Implement and control the Anti-Bribery Management System Processes.
Monitor, Measure, analyze and evaluate the Anti-Bribery Management System Performance.
Improve the ABMS and its processes.
Undergo Certification.