ISO 37001
Anti-bribery Management System (ABMS)
ISO 37001 Overview
An ISO 37001:2016 anti-bribery management system (ABMS), will provide your organisation with a framework for prohibiting, preventing, detecting, reporting and dealing with any bribery risks that may occur. It specifies how an organisation can implement risk-based policies, procedures and controls or enhance the controls you currently have. Applying it correctly, can help to establish whether an organisation has put in place reasonable and proportionate measures designed to prevent bribery. It can be integrated into your organisations existing management processes and controls e.g. ISO 9001, ISO 14001, ISO 45001 etc.
ISO 37001 Benefits
ISO 37001 Certification can provide your customers with the assurance that your business processes are controlled to help prevent any possibility of bribery, facilitation payments or any other actions that could be perceived as bribery. Bribery is an accepted business practice in some countries but could result in a prison sentence in the UK regardless of where the bribery activities took place. Top management must demonstrate they have done their utmost to stop bribery taking place in order to prevent large fines and potential prison sentences where an act of bribery has taken place in the business.
Benefits of ISO 37001 Certification could include:-
- A way to familiarise yourself with anti-bribery legislation.
- Enables stronger confidence, better reputation and could help to develop more business.
- Identify risks early and prove you have measures in place.
- Stay protected and compliant with legislation.
- Manage risk across your business, including supply chains.
- Continually improve and deliver best practice in managing bribery risks.
- Implementing ISO 37001 can help avoid reputational damage by being involved in bribery.
