ISO 37001: Anti-Bribery Management Systems standard afforded “strong vote of confidence”

Bribery is a serious issue of our times, costing lives and eroding economies all over the world. On a positive note, a new ISO standard presently in development to combat bribery has just been given a strong vote of confidence, taking it to the final stage before publication.

According to the World Bank, around US$ one trillion in bribes are paid each year, damaging economies and contributing to poverty worldwide. Much has been done by way of legislation and international agreements to tackle the problem, yet it still remains a significant concern.

Little wonder, then, that the draft version of a new ISO standard in development, which aims to help organisations fight bribery, has received an overwhelming 91% vote of confidence from the ISO members involved in its creation.

ISO 37001: Anti-Bribery Management Systems is designed to help organisations implement effective measures to prevent and address bribery, and also instil a culture of honesty, transparency and integrity. While the document cannot guarantee that bribery will not occur, it does provide the tools and systems necessary for greatly reducing the risk and helping organisations deal with this issue effectively if it should arise.

Implementing ISO 37001 will also provide reassurance among investors and other stakeholders that a given organisation has an effective system in place to manage the risk of bribery.

Neill Stansbury, chairman of the ISO Project Committee developing the standard, said the strong result of the vote affords that Project Committee even greater confidence in the standard’s ultimate potential.

“Bribery can be prevented if organisations in the public and private sectors implement effective controls with genuine intent,” explained Stansbury. “The overwhelmingly positive vote on the draft version of ISO 37001 gives us further confidence that it will be an effective tool in assisting today’s organisations of all kinds to take effective measures in terms of combating bribery in its myriad forms.”

*The draft version of ISO 37001 can be purchased through the ISO Store

**The final version of ISO 37001 is expected to be published later this year

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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