温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.eqs.com/en-us/compliance-knowledge/blog/iso-37001-anti-corruption-standard
点击访问原文链接

Concerning the ISO 37001 Anti-Corruption Standard

进入原网站 导航首页
Concerning the ISO 37001 Anti-Corruption Standard Compliance & Ethics Investor Relations Company Support Login USA Book a demo Support Login USA Book a demo Please choose your language: EnglishDeutschUSA [English]

Visit us in:
Barcelona, Copenhagen, Hamburg, Hong Kong, Kochi, London, Madrid, Milan, Munich, New York, Paris, Vienna, Zurich

Show locations  Request a demo Ready to find out how EQS can make your regulatory workflows 10x more efficient? Schedule a zero-pressure demo to see how we can support your organization operationalize compliance, data privacy, sustainability management and investor relations. Meet with an expert who will listen to your specific business needs See our solutions in action, customized for you  We are here for you Want to know more about our suite of solutions? Wondering if they are right for your specific business needs? Have feedback? Our global sales team is ready to answer all your questions and clear away those niggling doubts.

Looking for your next career opportunity?

Join us and make a difference  Compliance & Ethics Solutions by objective Policy & Procedure ManagementDisclosure managementThird-party risk managementAnti-bribery & anti-corruption complianceWhistleblowing & case managementCompliance awareness Convercent by onetrust Support Platform All your compliance needs. One platform.Whistleblowing Secure channels. Complete protection.Policies Smart governance. Zero confusion Approvals Quick decisions. Total clarity Third Parties Deep insights. Safer partnerships  White Paper Case Study Webinar Event Article CSDDD: Current situation and challenges of companies in Europe Find out how European companies are managing the European due diligence obligations and which challenges they are facing in the context of CSDDD. Resources by type Case Studies Webinars White Papers Articles Events Updates  Service Investor Relations Solutions by objective Webcasts / AGM / IR Websites & Tools ESEF / XML filing & LEI Platform Smarter IR. Stronger engagement.Insider Management Secure control. Total compliance. Disclosure Global filing. Zero stress. Newswire Maximum reach. Instant impact. CRM / Mailing Smart targeting. Deeper connections. Investor Targeting Right investors. Real results.  White Paper Case Study Webinar Event Article Best Practices for IR Websites Best Practices and Leveraging Digital Tools Resources by type Case Studies Webinars White Papers Articles Events About us About our company Who we are and why you should trust us About EQS Why EQSCareers Back to overview What to Watch out for Concerning the ISO 37001 Anti-Corruption Standard

An overview of the ISO 37001 anti-corruption guideline, the requirements for companies and tips for implementation.

by Moritz Homann  | Updated: 04/24/2024 |  3 min Ethical conduct and corruption prevention should be central pillars for all companies and organisations. After all, those who act ethically not only reduce the risk of criminal prosecution and high fines but also create trust among employees and customers while simultaneously strengthening their own reputation. Certification to the ISO 37001 anti-corruption guideline allows companies and organisations to demonstrate their commitment to anti-corruption and strong compliance.

In this article, we have compiled the most important information regarding ISO 37001 as well as explaining the requirements for companies to fulfill the certification along with implementation tips.

At a glance ISO 37001: What is it? ISO 37001 is a certification standard for anti-corruption management systems that has been in place since October 2016 and endorsed by 37 countries worldwide. The standard sets out the requirements for an anti-corruption management system and provides guidelines for setting up, implementing and maintaining the system as well as including measures for review and improvement. ISO 37001 can be applied in small and medium-sized enterprises as well as in foundations, associations, public authorities and international corporations.  

The standard is based on existing laws and guidelines for the prevention of corruption such as the British Anti-Bribery Act. On this basis, cross-sectoral guidelines were developed that are applied internationally with 28 countries involved in the development.  

What are the essential requirements? To obtain ISO 37001 certification, companies and organisations must adopt a number of compliance measures for anti-corruption management. These include:  

Implementing a compliance and anti-corruption policy along with associated processes within the company. Embedding and exemplifying ethical behaviour at the top management level.  The introduction of a compliance function in the form of a compliance officer with clearly defined tasks and responsibilities. The training of all company employees in the form of anti-corruption training. Depending on the position and responsibilities, such training should be repeated on a regular basis so employees stay up to date. Control in the areas of finance and contract management. The monitoring and evaluation of collected data on anti-corruption management. Regular controlling and evaluations ensure that the programme is both up to date and efficient while revealing potential weaknesses internally before breaches occur. The ongoing continuation of compliance measures. Due to the fact that legal situations and corporate governance can evolve, the programme must be regularly reviewed, adapted and improved.    Who can be certified and who carries out the certification? ISO 37001 can be applied on a broad and cross-sectoral basis. Both owner-managed small businesses, organisations and institutions as well as public authorities and international corporations can seek certification. Awarded following an audit, it must be carried out by an independent body which has to be recognised by a certification body freely chosen by the organisation. An internal audit would not be sufficient. Once the independent audit is carried out successfully, the certification is valid for three years and must be reviewed annually after that period.

A whistleblowing system as an anti-corruption measure As well as the tone from the top (i.e., setting an example of ethical behaviour and compliance at top management level), training employees, formulating an anti-corruption programme and the establishment of effective processes are the core elements for ISO 37001 certification.

The establishment of an electronic whistleblowing system is particularly suitable for this. When it comes to internationally operational corporations and organisations, digital solutions are best suited as they can be accessed around the clock and from any location. Digital whistleblowing solutions can also be set up in many different languages and are often barrier-free.

With the help of the reporting system, employees can – anonymously if they wish – provide information on grievances, corruption, abuse of authority or discrimination. The advantage: by first reporting on and solving problems internally, the risk of an employee contacting the investigating authorities or the media is reduced, as are the chances of the organisation experiencing investigations, fines or enormous reputational damage. As a result, problems can be resolved at an early stage before criminal offences occur. Therefore, whistleblowing systems also serve to minimise corporate risks.

Through the use of an anonymous reporting function, the chances increase that serious and valuable reports will be received. Anonymity provides employees with a degree of security in the reporting process which can prove psychologically stressful for whistleblowers. The introduction of a whistleblower system therefore strengthens organisations internally in their compliance efforts and heightens their chances of a successful ISO 37001 certification.

The ultimate guide: optimising compliance risk assessment Tips on how to successfully analyse compliance risk in your organisation

Download now Share this article on: Moritz Homann Managing Director Corporate Compliance – EQS Group | Moritz Homann is responsible for the department of Corporate Compliance products at EQS Group In this function, he oversees the strategic development of digital workflow solutions tailored to meet the needs of Compliance Officers around the world.

Contact GRC 5 min What is Compliance? Definition, basics & tips to get started What is compliance, why is it becoming increasingly important for companies and how does an organisation set up compliance management? Our guide answers these questions. GRC 4 min Compliance Department Structure & Organisation Does your company require its own compliance department? If so, how should it be structured and organised? Here, we explain the process. GRC 5 min The Top 10 Best TV Series About Compliance Here are our ten favourite TV series focusing on the issues of whistleblowing, ethics and corruption. l X f I y SolutionsCompliance & Ethics Integrity Line Third Parties Policies Approvals Risks EQS Insider Manager EQS Privacy COCKPIT Blog, White Papers & EventsCompliance Knowledge Investor Relations Knowledge Newsletter EQS GroupAbout EQS Group Careers at EQS Group Report a vulnerability Sustainability Locations Corporate Governance Investors Press News Contacts Contact Support © EQS Group GmbH Legal Notice Data Protection Cookie Policy Terms and Conditions Ethics Line Manage cookie preferences COCKPIT Login

智能索引记录