Supply Chain Issues Create Vulnerabilities for ABAC Compliance
While the COVID-19 pandemic has caused supply chain disruptions and a host of other problems for businesses worldwide, companies should be aware that anti-bribery and anti-corruption compliance and enforcement is still in full effect. There is no indication that investigations or enforcement actions have slowed, and those organisations doing international business and fall under the […]
IAF Accredits ABAC™ Center of Excellence’s Anti-Bribery Certification Capabilities
IAF Accredits ABAC™ Center of Excellence’s Anti-Bribery Certification Capabilities ABAC™ Center of Excellence Limited, ISO 37001 certification body, announced that the International Accreditation Forum (IAF) has accredited its ABAC Certification services for administering the ISO 37001:2016 Anti-Bribery Management Systems standard. ISO 37001 certification body ABAC™ Center of Excellence Limited provides ISO 37001:2016 anti-bribery management systems certification for […]
ISO 37001: Applying Anti-Bribery Framework to Third Parties
In 2016, responding to the need for a global standard to help organisations prevent and detect bribery and corruption, the International Organization for Standardization (ISO) introduced ISO 37001 Anti-Bribery Management Systems. This certification provides the anti-bribery framework for organisations of any size or industry to implement practical solutions against bribery. Perhaps overlooked, however, is the […]
ABAC® certifies RM Leopad Sdn Bhd for ISO 37001:2016 ABMS
ABAC® Center of Excellence Sdn Bhd announced today that RM Leopad Sdn Bhd, a Malaysian-based group offering corrosion protection services for the energy industry, has successfully attained ISO 37001:2016 Anti-Bribery Management System certification. Established to advance the local oil and gas services and equipment (OGSE) industry and transform Malaysia into a thriving regional hub for […]
ABAC™ certifies Mudajaya Group for ISO 37001:2016 ABMS
Mudajaya Group Bhd, a leading construction-property-independent power production company based in Malaysia, has successfully attained ISO 37001:2016 Anti-Bribery Management System certification. The announcement was made by ABAC Center of Excellence Limited after conducting a comprehensive risk assessment and examination of Mudajaya Group’s anti-bribery policies and procedures. The process followed directives put forth in ISO 37001:2016, and […]
Anti-Bribery Compliance Programs in EMEA Countries: What You Need to Know
Preventing bribery and corruption is a global effort that crosses international borders. In just the past few years, many governments have enacted more laws and regulations to reflect that reality. European, Middle Eastern and African (EMEA) countries are no exception – in many ways, they are at the forefront of this new anti-bribery and anti-corruption […]
Top 10 ways to prevent fraud
Public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty, according to the International Monetary Fund (IMF). The fact is, bribery and corruption can affect any organisation, of any size, in any industry and location. […]
For U.S. organisations, ISO 37001 can help prevent bribery and corruption
Introduction First-world countries are not immune to the worldwide problem of corruption. As a matter of fact, the United States – considered by many as one of the leaders in anti-corruption laws and enforcement – has faced a rash of major corruption scandals over the past 20 years and beyond. In the early 2000s, accounting […]
Rolls Royce Case Study and ABAC Policies: FREE guide to anti-corruption and anti-bribery policies
Case Study | Rolls-Royce and ABAC Policies: Lessons Learned In this ABAC policies case study, we analysed the Rolls Royce performance in terms of anti-bribery and anti-corruption policies within the scope of ISO 37001 provision. Rolls Royce has been involved in several large-scale investigations in recent years, making it especially interesting to explore how it […]
Why should you or your partners get ISO 37001 certified?
The climate of COVID-19 pandemic has caused many disruptions to day to day business activities across the globe. Earlier we discussed the supply chain issues which create vulnerabilities for anti-bribery and anti-corruption compliance. In this article, we would like to review the reasons why should you need your suppliers, contractors, and other (third-party) partners to be ISO […]