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ISO 37001:2016 anti-bribery management system

ISO 37001:2016 anti-bribery management system

Compliance with anti-bribery laws challenges organizations to put appropriate mechanisms in place to guard against the risk of engaging in bribery. With anti-bribery laws in 46 jurisdictions, governments are taking a more aggressive approach to enforcement for such offences.

ISO 37001:2016 specifies the requirements and provides guidance for an anti-bribery management system (ABMS) for organisations of any size, type, and location. The Standard gives organizations the opportunity to put in place a culture of integrity, transparency, and compliance, led by committed top management and board members. For these organisations, putting in place an ABMS will significantly simplify the process of compliance.

ISO 37001 covers international best practice to help transform legislation into practical policies, processes and procedures. It is designed to help organisations in any jurisdiction put the correct anti-bribery practices in place and ensure that they are being implemented adequately.

Implementing ISO 37001:2016

The scope of implementing an ISO 37001:2016 ABMS requires organizations to consider:

  • The external and internal issues
  • The stakeholders relevant to the ABMS
  • The requirements of the stakeholder
  • The results of a risk assessment

Appropriate mechanisms have been devised in ISO 37001 to guard the organization and its staff from engaging in bribery if implemented effectively. Engaging in bribery does not have to be premeditated and the person responsible may be unaware that their actions constitute bribery (or acceptance of bribery), which is why it is important to create and maintain staff awareness.

Complying with ISO 37001 requires organizations to have effective procedures in place, which detail how to deal appropriately with, and respond to, the offer of a bribe and policies in place to ensure a bribe is not offered.

ISO 37001:2016 anti-bribery management system

ISO 37001 specifies a number of anti-bribery policies and procedures that an organization should implement to assist in the prevention of bribery, and identify and deal with any bribery that does occur. It can assist in promoting and maintaining a compliance approach from top management down, and establishes an anti-bribery compliance function appropriate to the size of the organization and the corruption risks it faces.

What does ISO 37001 mean in terms of corporate policy?

An ABMS provides a framework for top management and other leadership elements to decide upon risk-based objectives.

In essence – as with all management systems – leadership sets the tone. An ABMS shows that an organization is serious about legal compliance and is doing all it reasonably can to prevent itself becoming involved in corrupt practices. This is an ongoing journey of commitment and process evolution.

An ABMS also mitigates reputational risk. In essence, the greater the organization’s public profile, the more it needs to avoid being associated with anything that might be seen as questionable by the law and, perhaps, most importantly, by its customers and other stakeholders.

ISO 37001: An Introduction to Anti-Bribery Management Systems

ISO 37001: An Introduction to Anti-Bribery Management Systems explains how to implement an ABMS that meets the requirements of ISO 37001, from the initial gap analysis to due diligence management.

The book provides helpful guidance on the importance of clearly defining policies; logging gifts and hospitality in auditable records; ensuring a consistent approach across the organization; controls for contractors; facilitation payments; and charitable and political donations.

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Implement an ISO 37001-compliant ABMS

Comply with your legal obligations and commit to the integrity of your organization with the ISO 37001:2016 ABMS Toolkit.

This toolkit contains a complete set of mandatory and supporting documentation, expert guidance on ISO 37001:2016 from our external author, Alan Field and project tools to support your implementation.

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