ISO 37001 Certification (Anti-Bribery Management System)
ISO 37001 certification is a set of standards that must be followed by an organization for managing anti-corruption systems within an organization. Bribery, in the form of corruption, is a threat, especially for an organization that wants to build trust between its stakeholders in order to stay relevant.
An ISO 37001 certification in Kuwait is a powerful tool for business improvement and provides strategic guidance to allow you to constantly meet regulatory requirements and client expectations. It has been designed for integration with your organization’s current management processes and controls and is used by various sectors to regularly monitor, maintain, improve, prevent, distinguish, and address corruption.
What are the benefits of ISO 37001 Certification?
ISO 37001 certification in Kuwait may assist organizations as follows:
- Brings credibility and competitive edge to your organization.
- Reduce the cost of the service.
- Enhance service and value of products.
- Boost the reputation of your brand.
- Increases your corporate profits.
- Reduces risk to your business.
- Helps you fulfill your client’s expectations.
This standard was first published in October 2016 by the International Organization for Standardization (ISO), with over 160 members globally. Currently, this is known as ISO 37001:2016.
For whom ISO 37001 Certification is beneficial?
ISO 37001 applies to all organizations in Kuwait regardless of type, size, or sector. Over a million organizations around the world have adopted the ISO standard for their Anti-bribery management systems.
Using ISO 37001 standards is beneficial to organizations of all sizes and sectors in the following manner:
- To formalize their processes.
- To create more efficient processes.
- Continued improvement in business operations.
- Keep customers happy.
- Adhere to ABMS requirements.
- Establish a reputation in the marketplace.
Principles of ISO 37001 Standard
- Customer Focus
- Leadership
- Engagement of people
- Process Approach
- Continual improvement
- Evidence-based decision making
- Relationship Management
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There are no predefined costs associated with ISO 37001 certification. It depends on various factors, such as the complexity of your business, the total workforce, the number of branches, the location of the branch, etc.
Once you have made your decision for the certificate, you need to contact a certification body that will analyze the above factors and cite a price for you.
The ISO 37001 standard is flexible and can be applied to any organization, large or small. It can be applied to organizations working in all domains. It is also available to private or public companies. Even NGOs can qualify for ISO 37001 certification.
ISO 37001 is the first ISO standard driven by anti-bribery or corruption.
It provides a workable framework for the development and management of an effective anti-bribery management system, to protect any organization against a broad range of potential threats and disturbances.
The ISO 37001:2016 certification is the latest version of the ISO anti-bribery management system that was published on October 15, 2016.
It is generally designed to make the ISO standard more streamlined and convenient in accordance with the ISO standard.
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