ISO 37001 Anti-Bribery Management System
The ISO 37001 Anti- Bribery Management System is an international standard for Public and Private Sector as well as Non-Profit Organizations that sets out the requirements for an organization to establish an Anti- Bribery System and to contribute the promotion of an ethical business philosophy.Why it is important?
Transparency and trust are crucial for an organization's credibility. ISO 37001 Management System sets requirements and provides guidelines for establishing, implementing, reviewing, and improving an effective anti- bribery and anti-corruption management system that will prevent, detect, and fight ant corruption activity.
The main purpose of management system is to enhance trust and transparency and to lead to the overall improvement of an organization’s workflow. ISO 37001 can be applied alone or can be integrated into an overall management system to maximize the efficiency of a business operations.
Benefits of ISO 37001
The implementation of an ISO 37001 Management System aims, among other:
Transparency of the organization’s functions.
Establishing an ethical business culture against corruption.
Increase work efficiency by eliminating bribes in business relationships.
In reliability, in building trust and in maintaining the reputation of the organization.
Increase company’s ability to detect any possible fraud.
Compliance with international standards and legislation.
Prevents, detects, and addresses the risks of bribery and corruption.
Improving company’s financial performance and preventing financial losses.
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