ISO 37001 Anti-Bribery Compliance & Consulting Services
ISO 37001 Compliance & Consulting
Anti-Bribery Management System (ABMS)
ISO 37001 is a global standard that has been used to develop an Anti-Bribery Management System (ABMS). It assists companies in stopping, identifying and managing risks of bribery in business operations, third-party relationships and international supply chains.
Our ISO 37001 compliance assists organizations to develop ethical behaviors, fulfilling regulatory demands, and with confidence to attain certification under ISO 37001.
What Is ISO 37001?
The ISO 37001 standard is an international standard that is created to assist the organization to set up effective controls to curb bribery. The ISO37001 standard is applicable to both large and small organizations, whether the organization is a public, privately based or non-profit organization. It offers a systematic process to deal with risks of bribery, enhance transparency, and corporate integrity.
Benefits of ISO 37001 Certification Compliance
Bribery and Corruption Prevention
The ISO 37001 will enable the organization to identify the risks of bribery and mitigate such risks through preventive controls, ethical policies, and monitoring mechanisms.
Effective Corporate Governance
The standard enhances leadership by establishing the governance responsibilities, leadership commitments, and accountability towards anti-bribery practices.
Legal/regulatory Risk Minimization
The ISO 37001 helps to adhere to the anti-corruption laws and regulations, minimizing the risk of penalties, investigations, and reputation losses.
Increased Stakeholder Trust
The certification evidences ethical business practices, which brings more confidence to the customers, partners, investors, and regulators.
Greater Control of the Third Parties
The ISO 37001 states that due diligence and monitoring of the risk of bribery suppliers, agents, and business partners are required.
ISO 37001 ABMS Certification Requirements
1. Anti-bribery Policy and Leadership commitment
The top management should also set up an anti-bribery policy and show a firm commitment by the top management to ethical behavior.
2. Bribery Risk Assessment
The organization should discover bribery risks in terms of business operations, geographical regions, and third parties.
3. Business Associates Due Diligence
Background checks and risk-based due diligence of suppliers, contractors, agents, and partners is required by ISO 37001.
4. Financial and non financial controls
There should be controls that will prevent bribery in the form of payments, gifts, hospitality, donations, and sponsorships.
5. Reporting, Investigation and Whistleblowing
Organizations should offer safe ways of reporting the cases of bribery without intimidation of being fired.
6. Training & Awareness
The ISO 37001 training should be provided to employees and other concerned parties to gain knowledge on anti-bribery issues.
ISO 37001 Compliance and Consulting Services
We also offer end-to-end ISO 37001 compliance support services that are consistent with your organization structure and risk profile.
Bribery Management System Design
We are assisting in the creation of a sound ABMS according to ISO 37001.
Documentation & Policy Development
We make anti-bribery policies, procedures, risk registers, and control documents.
Bribery Risk Assessment
We do systematic risk assessment to identify and avert the risks of bribery.
Third-Party Due Diligence Framework
We also put risk based due diligence and monitoring programs on business associates.
Internal ISO 37001 Audit
Internal audit is done to ensure that the system is effective and ready to be certified.
ISO 37001 ABMS Certification Process
Step 1: Gap Assessment
Assess prevailing controls using ISO 37001 requirements.
Step 2: ABMS Implementation
Efforts- implement policies, controls and mitigating measures.
Step 3: Training & Awareness
Provide management and employee training.
Step 4: Internal Check and Amendments.
Detect gaps and put corrective measures.
Step 5: Certification Audit
Stage 1 and Stage 2 certification audit services
ISO 37001 Training & Auditor Programs
We have organized training programs, which include:
ISO 37001 awareness training
Training of internal auditors at ISO 37001
Anti-bribery compliance education
Certification preparation classes
Why Choose Us
Our ISO 37001 consultancy assists companies in developing a viable Anti-Bribery Management System which is practicable, compliant and audit-able. Our risk-based tests, documentation and expertise help organizations in the implementation, training and certification. Our services, through enhanced ethical activities and culture of compliance, assist organizations to be certified to ISO 37001 as well as safeguarding the reputation and business integrity of the organization.