The ISO 37001 standard was published in 10/2016 and provides the requirements for an enterprise to implement, maintain and improve an anti-bribery system, promoting an ethical business philosophy. It includes measures and controls based on good practice and aims to cultivate a corporate culture against bribery. It is implemented by all enterprises and can be compatible with procedures, processes and control measures that exist according to existing management systems (eg quality management system according to ISO 9001).
The main points for implementing an anti-bribery management system are:
Anti-bribery policy
Anti-bribery compliance team
Risk assessment
Due diligence on projects and business partners
Carrying out financial, non-financial and contractual audits
Conflict of interests
Gift, Hospitality and Expense Policy
Reporting, monitoring and investigation
BENEFITS FROM THE IMPLEMENTATION OF ISO 37001
The main benefits of implementing an anti-bribery management system according to the ISO 37001 standard are the following:
Reducing the risk of bribery taking place.
Gaining a comparative advantage in the market, especially for businesses dealing with public services Providing proof
to interested parties that the company has taken all the necessary measures to avoid bribery It is a useful tool for
formulating and managing a company's sustainability strategy.
Mobilization and active participation of staff Added value to the principles of sustainability and
social responsibility already implemented by a company, cultivating an ethical business philosophy Even in the event of a bribery investigation,
it provides evidence to interested parties and relevant authorities that the business had taken steps to avoid