ISO 37001 (Anti-Bribery Management Systems)

ISO 37001 (Anti-Bribery Management Systems)

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Certification standard: ISO 37001:2016 (Anti Bribery Management Systems - Requirements with guidance for use)

This standard aims to build a structured approach to towards bringing in trust and transparency, managing risks and safeguarding your business reputation.

It describes the management system requirements designed to help you prevent, detect and respond to bribery as well as comply with anti-bribery legislation and certain international regulatory requirements as required under laws such as FCPA (Foreign Corrupt Practices Act) and voluntary commitments applicable to the company’s activities.

ISO 37001 standard is specific to bribery, and the ABMS intends to improve the organization's ability to prevent, detect, and respond to corruption and comply with anti-bribery laws and commitments that the organization must adhere to. Furthermore, ISO does not specifically address fraud, cartels, money-laundering, or other activities related to corrupt practices. The anti-bribery management system can be stand-alone system or integrated into an already implemented management system such as the Quality Management System ISO 9001, Safety Management System 1SO 45001.

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Benefits of ISO Certification

1. Assurance that products & services meet global standards and industry best practices

2. Easy way to gain quick international recognition for a newly established entity

3. Valid for government tenders for procurement & work contracts anywhere in the world

4. Helps review management processes and develop expertise, enter new markets

5. Increase brand value, gain customer confidence and enhance public image

6. Benchmark for implementing new systems; accelerates business innovation

7. Better management of risks, helps achieve consistency in efforts, actions & results

8. Reduces errors, brings in transparency and promotes sustainable growth

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