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What Is ISO 37001

The real growth standards of an organisation are to implement operations in a trust worthy and transparent way. Without these two foundational blocks, a successful business development can not be imagined. Bribery is the biggest obstacle for organisations to create their reputation. Not all the professionals at a workplace have the greed to take bribe for their respective responsibilities. But the unlawful instinct of a few officials to nurture the habit of accepting or asking for under table money in illegal way harms the prestige of whole organization. Despite all organisational efforts, anti bribery laws and punishments, it is still the biggest challenge to control bribe cases all over the world.

ISO 37001 is the first international standard for the management of organisations by detecting bribery and implanting actions against all the corruption. It was published on global level in 2016.

Bribery is the most destructive criminal activity to create a turnover trillion dollars of dirty money every year. 53% of CEOs or high level officials are aware of the bribery activities under them. This system works in a perfectly designed model by adapting an anti-bribery policy. A special official is appointed to check any bribery activities, involvement of any business associates or any other executives, investigation and incorporation of strict anti corruption strategies.

ISO 37001 is adapted by a number of organisations. This anti bribery management system can be adapted in different models as per the size and requirement of the organisation. This system can be implemented alone or in integration with other management systems. This anti bribery management system addresses to control bribery in following areas:

-Bribery activities by the organisation.
-Bribery activities in the organisation on behalf of any employee.
-Bribery activities by a third party that is in association with the organisation.
-Bribery activities by business associates
-Bribery activities against organisation to mislead the reputation of organisation.

This anti bribery management system controls the bribery risks and corruption activities by implementing anti bribery efforts. It helps the organisation to accomplish the goal of transparent business growth and in creating a successful brand image. It checks any unlawful activities in the organisation that helps to build a strong relation with customer. ISO 37001 certification provides that credibility and standard to organisation which is required to gain the confidence of investors and customers.

ISO 37001 certificate can be purchased from the registered ISO store or national ISO member. Following steps are to be implemented to get the certification:

-An official auditor is assigned by a third party organisation (ISO member). A three month prior certification audit is conducted in the organisation by the auditor. An audit plan is scheduled in an agreement with the client. Then Stage 1 and Stage 2 audit is conducted. After successful 3 months audit, the certificate is issued for the organisation. This certification is valid for 3 years and is subject to yearly reviews.

The successful implementation of anti bribery management system has helped the organisations to increase their market revenues and reputations.

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