In order to identify bribery and prevent it from happening in the first place, an anti-bribery management system is meant to instill a culture of anti-bribery within a company and apply proper controls, which will improve the chances.
It outlines the standards for developing, implementing, maintaining, and upgrading an anti-bribery management system in ISO 37001, Anti-bribery management systems – Requirements and Guidance for Use. Depending on your needs, the system may be standalone or incorporated into larger management.
Corruption in the governmental, private, and non-profit sectors is covered, including bribery committed by and against an organization or its employees, as well as bribes made or received through a third party. Bribery can occur anywhere, at any time, and can entail money or non-financial perks or rewards.
Will it assist my company or organization?
An anti-bribery strategy involves leadership and involvement from senior management, and it must be conveyed to all employees as well as external parties such as contractors, suppliers, and joint venture partners.
An anti-bribery management system may be implemented with ISO 37001, or existing controls can be strengthened. A series of measures must be taken to combat bribery, including adopting an anti-bribery policy, appointing someone to oversee compliance with that policy as well as screening and training employees, conducting risk assessments on projects and business partners, and implementing financial and commercial controls.
In order to successfully implement an anti-bribery management system, senior management must provide the necessary leadership. Additionally, the policy and program must be conveyed to all employees, as well as to external parties such as contractors.
So, it helps to decrease the danger of bribery, as well as showing your management, workers, and other business associates that you have implemented globally recognized anti-bribery procedures that adhere to best practices and international standards. An inquiry into bribery can also be used as evidence that you took reasonable efforts to prevent bribery.
Who is ISO 37001 or anti-bribery for?
No matter how large or small your business is, or whether you’re in the public or private sector, ISO 37001’s criteria should apply to you. Included in this category are state-owned businesses (SOEs), big organizations, SMEs.
When it comes to bribery, how does ISO 37001 or anti-birbery fit in with the rest of my company?
As a result of ISO 37001, the essential measures are meant to be incorporated into current processes and
ISO 37001 is a management system standard based on the ISO High-Level Structure (HLS). Due to its modular design, it is easy to incorporate it into others (such as quality, environmental, and safety).
What about certification?
Similar to other ISO standards such as ISO 9001, third parties can certify an organization’s compliance with the standard.
If your company is certified or complies with this standard, it can help you adopt rigorous and proportional procedures to prevent the risk of bribery as well as deal with bribery when it occurs.
Want to learn more ISO 37001 or anti-birbery?
ISO 37001 and its technical committee may be learned more about at www.iso.org/iso/iso37001