ISO 37001
Anti-Bribery Management System
WHAT IS ISO 37001?
- ISO 37001 is an anti-bribery management system standard published in October 2016.
- It has been designed to help organizations create, apply and maintain an anti-bribery compliance system.
- It includes a series of measures and controls representing the international anti-bribery practice.
WHO CAN USE THIS STANDARD?
This standard is flexible and can be applied to a wide range of organizations, such as:
- Large organizations
- Small and medium enterprises (Media)
- Public and private domain organizations
- Non- governmental organizations (NGOs)
This standard can be used by organizations internationally.
DOES THIS STANDARD DEFINE BRIBERY?
- Bribery is defined by the Law, which differs between countries. Therefore, this standard offers a general definition of bribery, but its true definition depends on the laws that apply to the organization.
- This standard offers instructions as for the definition of bribery in order to help users understand the intention and scope of this Standard.
WHAT DOES ISO 37001 COUNTERACT?
- Bribery from an organization, its staff or partners acting on behalf of or for the benefit of the organization.
- Bribery of the organization, its staff or partners in connection with the organization’s activities.
HOW WILL THE APPLICATION OF THIS STANDARD BENEFIT A CORPORATION?
The standard benefits an Organization, providing:
- Minimum requirements and support guidelines for implementing or evaluating an anti- bribery management system.
- Ensuring management, investors, employees, customers and other interested parties that an organization is taking the appropriate measures to prevent bribery.
- Evidence in case of investigation that the organization has taken the appropriate measures for bribery prevention.