ISO STANDARDS

ISO 37001 - Anti-Bribery Management System

ISO 37001 - Anti-Bribery Management System

Currently, the Anti-Bribery Management System in accordance with ISO 37001 is the most common tool for organizations in the fight against corruption. The ISO 37001 standard incorporates internationally recognized best practices in combating bribery.

The standard provides guidance on the creation, development, implementation, assessment, maintenance and improvement of an effective and flexible compliance management system within an organization, is a universal guide for the implementation of an anti-corruption compliance system in any organization, regardless of the country of presence where the organization operates, as well as the form property of the organization and the specifics of the activity.

EXPECTED BENEFITS FOR THE COMPANY FROM THE IMPLEMENTATION OF ISO 37001:

  • Identifying and managing the risk of bribery associated with the organization's activities, reducing corporate risks and costs associated with bribery;
  • Compliance with international anti-corruption standards, implementation of best practices and legal requirements;
  • Reducing the risk of financial losses;
  • Providing assurances to government, staff, the public, regulators and other stakeholders that the organization is taking positive steps to prevent bribery;
  • Building trust when working with foreign partners;
  • Prevention of conflicts of interest;
  • Sustainable development of anti-corruption culture. Fostering a culture of transparency and honesty;
  • Providing confidence among investors and other interested parties that the organization has an effective system for managing the risk of bribery;
  • Implementation of financial controls to reduce the risk of bribery;
  • Control of procurement, commercial and other non-financial controls;
  • Ensuring confidentiality and reporting procedures.