In October 2016, the International Organization for Standardization (ISO) published the first international standard for anti-bribery management systems. ISO 37001 is designed to help organizations prevent, detect and respond to bribery.
What is ISO 37001 requirements?
To comply with the standard, an anti-bribery management system must address risks of public and private bribery, active and passive bribery, direct and indirect bribery and facilitation payments.
The standard requires the following (list is not exhaustive):
What are the benefits from an ISO 37001 certification?
Certification helps to improve and optimize an organization’s anti-bribery management system.
Certification helps to implement a compliance program framework for managing bribery risk.
Certification may serve as defending the company in case of enforcement action by authorities, if any.
Certification provides assurance towards suppliers, vendors, business partners and financing institutions.
Being the only recognized global standard for anti-corruption compliance, it brings credibility to your organization.
As an international standard, it is recognized and can be applied in all jurisdictions.
Crowe Oman helps with a full range of options, from the basic to the full certification process. Programs are tailored to fit your needs and current situation. Such as follows:
We will guide you through a gap analysis to show you where your organization currently stands compared to the ISO 37001 standard as well as anti-bribery best practices.
After the gap analysis, you will be able to take actions in order to correct any identify weaknesses to strengthen the company’s processes and controls. We will help you to bring your system into compliance with the standard.
In addition to helping, you identify and close gaps, our certified ISO 37001 Lead Implementers can walk you through the exact steps of the certification process. We will advise you from the pre-audit phase until the certification.
While it is your responsibility to prepare for the certification audit, as a pre-certification step, an initial scoping phase will help you to gain confidence of the areas where you have the best chance of passing our audit and gaining a certification.
Our certified ISO 37001 Lead Auditors will conduct a documentation audit and an implementation audit to test the design and the robustness of your anti-bribery management system. We will review and assess relevant documentation, interview personnel and conduct sample testing. We will issue a report detailing the strengths and weaknesses of your system.
Certification and Surveillance Audit
Following the successful implementation of any corrective actions, we will award the certification. Additionally, we will conduct follow-up surveillance audits in Year 2 and Year 3.