What is ISO 37001:2016 Anti-bribery Management System (ABMS)?
Businesses can fight against bribery and promote an ethical business culture by choosing to have an anti-bribery management system compliant with ISO 37001 standard. The ISO 37001 standard is designed to help businesses combat bribery risk in their operations and throughout their value chains worldwide.
Issued in 2016, the ISO 37001 standard combats bribery and is an effective instrument to certify your organization’s anti-corruption program. It promotes both the development of a culture of transparency and integrity as well as the expansion of effective measures to prevent and tackle problems related to bribery. The anti-bribery management system ISO 37001 may also help businesses to understand and analyses their internal processes, especially the administrative ones, and may be particularly useful wherever reorganization is required.
An anti-bribery management system has the capability of being integrated with other business management systems such as quality, environment, occupational safety or any other systems that a company has. Designed with
a risk-based approach, it is specifically preventative in nature, with the aim of mitigating the risk of bribery.
With the ISO 37001 standard, organizations will be able to maintain customer trust and confidence in their product and service offerings in today’s competitive global market.
Benefits of an ISO 37001 ABMS certification
ISO 37001 acts as an effective business tool to combat bribery risk and building consumer confidence for their brand. The ISO 37001 anti-bribery management system is valuable for organizations looking to minimize the risk of corruption. This will also assure your stakeholders that your business has implemented internationally recognized best practices for anti-bribery controls, to secure trust in your internal processes.
Steps to your ISO 37001 ABMS certification
TÜV SÜD Malaysia facilitates an efficient five-step process for organizations which are approaching the ISO 37001 certification process. The main steps to achieve ISO 37001 certification, with a 3-year validation, are as follows:
- Define the certification objective and customize a quote detailing the cost, planning and time required.
- Our pre-audit team will determine if your organization already fulfills the ISO 37001 requirements and will identify areas for improvement.
- TÜV SÜD auditors will visit your site to carry out an on-site audit.
- You will receive your audit report and certification after approval by the committee.
- Annual surveillance audits will be conducted thereafter.