ISO 37001: Anti-Bribery Management Systems in Finance

ISO 37001: Anti-Bribery Management Systems in Finance

Course Objectives
By the end of this course, participants will be able to:
• Understand the fundamentals and principles of ISO 37001.
• Identify bribery risks and implement effective anti-bribery controls in finance.
• Develop and maintain an anti-bribery management system (ABMS).
• Ensure compliance with ISO 37001 requirements to prevent, detect, and address bribery.
• Conduct internal audits and assess the effectiveness of ABMS in financial organizations.
• Enhance organizational culture and reputation by promoting transparency and ethical practices.
• Align anti-bribery policies with other management systems (e.g., ISO 9001, ISO 27001).

Course Content
Introduction to ISO 37001 and Anti-Bribery in Finance
• Overview of bribery in the financial sector
• The need for ISO 37001 in financial organizations
• Benefits of implementing an Anti-Bribery Management System (ABMS)
Understanding ISO 37001 Requirements
• Scope and structure of ISO 37001
• Key definitions and terms
• Anti-bribery policy, objectives, and leadership commitment
• Roles and responsibilities within ABMS
Risk Assessment and Control Measures
• Identifying bribery risks in finance
• Assessing the likelihood and impact of bribery risks
• Establishing controls to mitigate bribery risks
• Monitoring financial transactions and preventing conflicts of interest
Implementing Anti-Bribery Policies and Procedures
• Drafting and communicating an anti-bribery policy
• Third-party due diligence and supplier management
• Whistleblowing mechanisms and reporting structures
• Ensuring transparency in procurement and financial processes
ISO 37001 Certification Process
• Steps to achieve ISO 37001 certification
• Documentation and record-keeping requirements
Internal Auditing and Continuous Improvement
• Planning and executing internal audits for ABMS
• Evaluating the effectiveness of controls and risk management
• Addressing non-conformities and implementing corrective actions
• Promoting a culture of continuous improvement
Integrating ISO 37001 with Other Management Systems
• Synergies between ISO 37001 and ISO 9001 (Quality Management)
• Integration with ISO 27001 (Information Security Management)
• Leveraging ISO standards for holistic governance


DATE:

1ST BATCH: 22nd – 25th Apr,                            2025    

2ND BATCH: 4th – 7th Nov                                2025