ISO 37001 - Anti Bribery Management Systems
What is ISO 37001?
The bribery risks facing an organization vary according to factors such as the size of the organization, the locations and sectors in which the organization operates, and the nature, scale and complexity of the organization’s activities. ISO 37001 – ABMS, specifies the implementation of policies, procedures and controls which are reasonable and proportionate according to the bribery risks the organization faces.
Benefits of a Anti Bribery Management Systems :
- Culture of integrity
- Transparency, openness, compliance prevent, detect & respond to bribery
- Acceptance in national & global market leading to recognition
- Reduction in liabilities (risk prevention)
- Mitigate costs on the risks & damage arising out of bribery
- Work discipline through defined set of norms.
