ISO 37001:2016 Certification
ISO 37001 is an international standard developed by the International Organization for Standardization (ISO) for Anti-Bribery Management Systems.
Its purpose is to assist businesses in establishing, implementing, maintaining, and improving anti-bribery management systems. Regardless of the size, type, or nature of the business, certification according to this standard can enhance transparency and integrity within the organization.
The main features of ISO 37001 include:
Comprehensive Coverage: ISO 37001 encompasses various aspects related to anti-bribery, including policies, procedures, risk assessments, training, supervision, and internal audits, among others.
Risk-Based Approach: This standard requires businesses to assess the bribery risks they face and implement appropriate control measures based on those risks.
Continuous Improvement: Organizations should regularly review and assess the effectiveness of their anti-bribery measures, making improvements as necessary.
External Verification: Certification by an external third party provides an objective, independent evaluation to ensure that the organization's anti-bribery management system complies with the requirements of ISO 37001.
The Benefits
The primary purpose of ISO 37001 certification is to assist businesses in establishing an effective anti-bribery management system. Choosing to be certified according to this international standard offers several benefits:
Building Reputation: In the international market, ISO 37001 certification is an acknowledgment of a company's integrity and compliance. Enterprises with this certification are likely to gain trust from the industry and the public. Especially in industries or markets that highly prioritize compliance, ISO 37001 certification can serve as a distinguishing feature from competitors.
Risk Reduction: With an anti-bribery management system, businesses can more effectively prevent, detect, and respond to bribery activities, thereby reducing legal risks. By preventing bribery and corruption, potential significant financial losses due to such behaviors can be avoided.
Internal Management: Improving internal processes and strategies helps identify and rectify weaknesses in internal management. ISO 37001 encourages regular employee training to ensure staff is well-aware of bribery risks and how to identify and address potential bribery activities.
Opportunity Development: Obtaining ISO 37001 certification for the anti-bribery management system signals that the company is proactively managing compliance risks, positively impacting investor and shareholder confidence.
ISO 37001 Consulting Services
The main responsibilities of ISO 37001 Certification Consultants cover assisting businesses in various steps throughout the certification process. The core duties of ISO 37001 consultants include:
1. Needs Analysis: ISO 37001 Certification Consultants will conduct an initial needs analysis in collaboration with the organization, understanding the existing anti-bribery policies, processes, and control measures.
2. Plan Development: Based on the analysis results, ISO 37001 consultants develop a targeted implementation plan for ISO 37001, ensuring alignment between the organization's strategies and processes with the ISO 37001 standard.
3. Training and Guidance: ISO 37001 consultants provide necessary training for the organization, ensuring that employees understand the requirements of ISO 37001.
4. Risk Assessment: ISO 37001 consultants assist businesses in conducting anti-bribery risk assessments, identifying potential bribery risk areas and proposing control measures for these areas.
5. Assisting in External Audits Preparation: When a company is preparing for official ISO 37001 certification, ISO 37001 Certification Consultants assist the company in preparing the necessary documents and evidence, providing support during the audit process.
6. Continuous Improvement: Once the company obtains ISO 37001 certification, ISO 37001 consultants offer guidance on how the organization can continually optimize its anti-bribery management system, ensuring it remains in the best possible condition.
ISO 37001 Certification Cost
The ISO 37001 certification fees include audit fees charged by the certification body and service fees charged by ISO certification consultants. The specific audit fees vary based on factors such as the size of the business, location, and nature of the operations. Additionally, the fees for ISO 37001 certification consultants are determined based on the scope and depth of the services they provide. For detailed information on ISO 37001 certification fees, please consult directly with ISO 37001 consultants.
