ANTI-BRIBERY MANAGEMENT SYSTEMS

Transparency and trust are the building blocks of any organisation’s credibility. Nothing undermines effective institutions and equitable business more than bribery, which is why there’s ISO 37001. It is the International Standard that allows organisations of all types to prevent, detect and address bribery by 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. Providing a globally recognised way to address a destructive criminal activity that turns over a trillion dollars of dirty money each year, ISO 37001 addresses one of the world’s most destructive and challenging issues head-on and demonstrates a committed approach to stamping out corruption. ISO 37001:2016 specifies requirements and provides guidance for establishing, implementing, maintaining, reviewing, and improving an anti-bribery management system. ISO 37001:2016 addresses the following in relation to UoWM’s activities:

• bribery in the public, private, and not-for-profit sectors
• bribery by the organisation
• bribery by the organisation's personnel acting on the organisation's behalf or for its benefit
• bribery by the organisation's business associates acting on the organisation's behalf or for its benefit
• bribery of the organisation
• bribery of the organisation's personnel in relation to the organization's activities
• bribery of the organisation's business associates in relation to the organisation's activities
• direct and indirect bribery (e.g., a bribe offered or accepted through or by a third party).