CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Anti-bribery standard gets green light
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Anti-bribery standard gets green light PDF Print E-mail
Friday, 15 April 2016
Bribery is a serious issue of our times, costing lives and eroding economies all over the world. A new ISO standard in development to combat bribery has just been given a strong vote of confidence, taking it to the final stage before publication. 

According to the World Bank, around USD 1 trillion in bribes are paid each year, damaging economies and contributing to poverty worldwide. Much has been done by legislation and international agreements to tackle the problem, yet it still remains a significant concern.

It is little wonder, then, that the draft version of a new ISO standard in development, which aims to help organizations fight bribery, got an overwhelming 91 % vote of confidence from the ISO members involved in its creation.

ISO 37001, Anti-bribery management systems, is designed to help organizations implement effective measures to prevent and address bribery, and instil a culture of honesty, transparency and integrity. While it cannot guarantee that bribery will not occur, it can provide the tools and systems to greatly reduce the risk and help organizations deal with it effectively if it does arise.

Implementing ISO 37001 will also provide reassurance among investors and other stakeholders that an organization has an effective system in place to manage the risk of bribery.

Neill Stansbury, Chair of the ISO project committee developing the standard, said the strong result of the vote gave the committee even greater confidence in the standard’s ultimate potential.

“Bribery can be prevented if organizations in the public and private sectors, with genuine intent, implement effective controls.

“The overwhelming positive vote on the draft version of ISO 37001 gives us further confidence that it will be an effective tool to help organizations of all kinds take effective measures to combat bribery in all its forms.”

The draft version of ISO 37001 can be purchased from your national ISO member or through the ISO Store.

The final version of ISO 37001 is expected to be published later this year.
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197