For many, corporate hospitality oils the wheels of commerce. But where do you draw the line?

Bribes, incentives, and inducements are not just a matter of used banknotes stuffed in brown envelopes. Expenses, corporate settlement of personal bills, gifts, and hospitality can all be used to influence business partners, clients, and contractors.

With strict penalties and reputational damage both possibilities, it’s important for organisations to have processes and procedures in place to prevent bribery. Such processes and procedures can be found in ISO 37001, the international standard for ABMSs.

ISO 37001: An Introduction to Anti-Bribery Management Systems explains how to implement an ABMS that meets the requirements of ISO 37001, from the initial gap analysis to due diligence management.

The book provides helpful guidance on the importance of clearly defining policies; logging gifts and hospitality in auditable records; ensuring a consistent approach across the organisation; controls for contractors; facilitation payments; and charitable and political donations.

An ethical approach to business is not just a legal obligation but a way to protect your reputation.

Buy this book and understand how to implement an anti-bribery management system (ABMS) to the requirements of ISO 37001.