ISO 37001:2016 Certification & Anti-Bribery Management

Anti-Bribery Management Systems: ISO 37001:2016

ISO 37001 is an international standard by ISO (the International Organization for Standardization) applicable only to bribery. It sets out requirements and guides a management system designed to help an organization prevent, detect, and respond to bribery and comply with anti-bribery laws and voluntary commitments applicable to its activities. ISO 37001 is designed to apply to all types of organizations, regardless of size, industry, or nature of business. This includes private, public, and not-for-profit entities. The standard can be adapted to various cultural, organizational, and legal environments worldwide.

Requirements of the Standard

Anti-Bribery Policy

Organizations must establish and maintain a clear and concise anti-bribery policy, reflecting their commitment to preventing bribery.

Leadership and Commitment

Top management must demonstrate leadership and commitment by establishing a culture of integrity, compliance, and ethical behavior.

Risk Assessment

Organizations must conduct regular risk assessments to identify and evaluate bribery risks.

Due Diligence

Due diligence processes should be implemented for business associates, projects, and transactions.

Training and Communication

Employees and relevant stakeholders should be trained and informed about the anti-bribery policy and procedures.

Reporting and Monitoring

Systems for reporting bribery (including anonymous channels) and monitoring compliance should be in place.

Investigations and Corrective Actions

Procedures must be established for investigating suspected bribery and taking appropriate corrective actions.

Continuous Improvement

Organizations should continually improve their anti-bribery management system by using lessons learned from bribery incidents and feedback from stakeholders.