What is ISO 37001?
ISO 37001:2016 outlines prerequisites and offers direction for establishing, implementing, maintaining, reviewing, and enhancing an anti-bribery management system. This system can function autonomously or integrate seamlessly into a broader management framework. Addressing various facets of the organization’s operations, ISO 37001:2016 covers:
- Bribery across public, private, and non-profit sectors
- Bribery committed by the organization itself
- Bribery perpetrated by the organization’s personnel or business associates, acting on its behalf or for its advantage
- Bribery targeting the organization or its personnel and associates
- Direct and indirect forms of bribery, including those facilitated by third parties
ISO 37001:2016 strictly pertains to bribery, delineating requisites and offering guidance for a management system aimed at aiding organizations in preventing, detecting, and responding to bribery while complying with pertinent anti-bribery legislation and voluntary commitments pertinent to their operations. While it does not specifically cover fraud, cartels, or other anti-trust/competition offenses, money laundering, or activities associated with corrupt practices, organizations have the option to extend the scope of their management systems to include such elements.