ISO 37001 Standard forAnti-bribery and Corruption
ISO 37001 is a standard for anti-bribery and corruption management systems It provides a framework for organizations to prevent, detect, and address bribery and corruption, and to implement effective measures to manage bribery risks
The ISO 37001 standard is applicable to all types of organizations, including for-profit and non-profit organizations, government agencies, and public or private enterprises.The standard is designed to be compatible with other management system standards, such as ISO 9001 (quality management) and ISO 14001 (environmental management).
The ISO 37001 standard outlines a number of requirements that an organization needs to meet in order to implement an effective anti-bribery and corruption management system. Some of these requirements include:
Anti-bribery policy:The organization must have a clear and comprehensive policy that sets out its commitment to preventing bribery and corruption
Risk assessment:The organization must conduct a risk assessment to identify the bribery and corruption risks it faces and take appropriate measures to mitigate them
Due diligence:The organization must perform due diligence on its business partners, including agents and intermediaries, to ensure they comply with anti-bribery and corruption laws and regulations.
Financial controls:The organization must implement financial controls to prevent bribery and corruption, including procedures for bookkeeping and record-keeping, and the separation of duties.
Training and awareness:The organization must provide regular training to its employees and business partners to raise awareness of bribery and corruption risks and how to prevent them
Internal reporting and investigation:The organization must have procedures in place for employees to report suspected bribery and corruption, and to investigate such reports in a timely and appropriate manner
Continuous improvement:The organization must regularly monitor and review its anti-bribery and corruption management system ISO 37001 Certification cost to ensure it remains effective and make necessary improvements.
By implementing an anti-bribery and corruption management system that meets the requirements of the ISO 37001 standard, organizations can help to prevent and detect bribery and corruption, protect their reputation, and comply with legal and regulatory requirements
