Quiz 1: Standards and regulatory frameworks

What does ISO 37001 provide?

• It provides only guidelines for managing bribery risks within an anti-bribery management system (ABMS)

• Requirements and guidance for establishing, implementing, maintaining, and continually improving an anti-bribery management system (ABMS)

• Specific requirements for organizations on how to address bribery, fraud, cartels, and other anti-trust/competition offenses

Who can obtain certification against ISO 37001?

• Only large organizations, regardless of type

• Only public organizations, regardless of size

• All organizations, regardless of type, size, and nature

Which of the following statements regarding ISO 37001 is NOT correct:

• ISO 37001 cannot be used in all jurisdictions

• ISO 37001 is applicable only to bribery

• ISO 37001 addresses, among others, bribery of the organization’s business associates in relation to the organization’s activities

How can ISO 26000 support an organization who has established an ABMS based on ISO 37001?

• 1. By ensuring that the organization always acts within the boundaries of applicable laws and regulations

• By helping the organization embed the concepts of social responsibility into its culture and lower the risks of illegal activities, such as bribery and corruption

• By providing generic guidance on conducting risk assessments, which organizations can use to assess risks

What is one of the advantages of implementing an ABMS based on ISO 37001?

• Prevention, detection, and responses to wrongdoing, such as fraud

• The elimination of bribery risks in the organization

• Reduction and mitigation of costs