ISO 37001

What is the ISO 37001:2016 standard?

ISO 37001:2016 Anti-bribery management systems ISO 37001 is an international standard that specifies the requirements for an anti-bribery management system (ABMS) for organizations of all sizes and sectors. The standard is designed to help organizations prevent, detect, and respond to bribery.

ISO 37001 is based on the Plan-Do-Check-Act (PDCA) cycle, which is a continuous improvement process. The standard requires organizations to develop an ABMS that includes the following elements:

• Leadership and commitment: The organization’s leadership must be committed to the ABMS and must provide the necessary resources and support.
• Risk assessment: The organization must assess the risks of bribery to which it is exposed.
• Prevention: The organization must implement measures to prevent bribery.
• Detection: The organization must implement measures to detect bribery.
• Response: The organization must implement measures to respond to bribery.
• Monitoring and review: The organization must monitor and review its ABMS to ensure that it is effective.

ISO 37001 is a valuable tool for organizations of all sizes and sectors. The standard can help organizations prevent, detect, and respond to bribery, which can protect their reputation, brand, and financial performance.

Here are some of the benefits of implementing ISO 37001:

• Reduced risk of bribery: ISO 37001 can help organizations reduce the risk of bribery by implementing measures to prevent, detect, and respond to bribery.
• Improved reputation and brand: ISO 37001 can help organizations improve their reputation and brand by demonstrating their commitment to anti-bribery.
• Reduced costs: ISO 37001 can help organizations reduce costs by preventing bribery-related incidents.
• Increased compliance: ISO 37001 can help organizations comply with anti-bribery laws and regulations.

ISO 37001 is a comprehensive standard that can help organizations of all sizes and sectors prevent, detect, and respond to bribery.