Bribery is a major issue faced by businesses entities. With the enactment of the Foreign Corrupt Practices Act (U.S.) and the UK Bribery Act 2010, among other laws and regulations, various forms of bribery are punishable by criminal prosecution, unlimited commercial fines and reputational damages. However, bribery is a risk which businesses can now control by adopting anti-bribery-anti-corruption (ABAC) compliance program by implementing the guidelines of ISO 37001:2016. For an organization, the cost of establishing anti-bribery management system in compliance with ISO 37001:2016 is minimal when compared to the commercial and financial losses including reputational damages which are likely to be incurred by exposure to bribery risks.
Research indicates that the approved ISO 37001:2016 standard goes far beyond legal and regulatory compliance. According to World Bank, business grows an average of 3% faster where corruption is low.
ISO 37001:2016 is the only internationally recognized Antibribery Management System standard (ABMS) that reflects international good practice and can be used in all jurisdictions.
What are the benefits of attaining ISO 37001:2016 Certification?
How do I get ISO 37001:2016 Certification?
Attaining ISO 37001:2016 is relatively seamless as our experts are available round the clock to assist you. Contact Us now and one of our Relationship Managers will be in touch with you to guide you through the process.
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