ISO 37001 – Anti-bribery management systems
Bribery is one of the world’s most destructive and challenging issues. With over US$ 1 trillion paid in bribes each year*, the consequences are catastrophic, reducing quality of life, increasing poverty and eroding public trust.
Yet despite efforts on national and international levels to tackle bribery, it remains a significant issue. Recognizing this, AISI is currently developing a new standard to help organizations fight bribery and promote an ethical business culture.
The future ISO 37001, Anti-bribery management systems, specifies a series of measures to help organizations prevent, detect and address bribery. These include adopting an anti-bribery policy, appointing a person to oversee anti-bribery compliance, training, risk assessments and due diligence on projects and business associates, implementing financial and commercial controls, and instituting reporting and investigation procedures.