Transparency and trust are essential components of any organization’s credibility. Bribery weakens effective institutions and equitable business more than anything else, which is why Anti-Bribery Management Systems exist (ABMS). It is the International Standard that enables organizations of all sizes to prevent, detect, and respond to bribery by establishing an anti-bribery policy, appointing someone to oversee anti-bribery compliance, training, risk assessments, and due diligence on projects and business associates, implementing financial and commercial controls and instituting reporting and investigation procedures.

Anti-Bribery Management Systems (ABMS) addresses one of the world’s most destructive and challenging issues head-on and demonstrates a committed approach to stamping out corruption by providing a globally recognized way to address a violent criminal activity that generates a trillion dollars in dirty money each year.

About Anti-Bribery Management Systems (ABMS)
Management Systems for Anti-Bribery (ABMS) The Anti-Bribery Management System (ABMS) is intended to assist businesses in preventing, detecting, and responding to bribery incidents. Compliance with laws, rules, and other voluntary obligations is also standard.

Does the ABMS define bribery?
Bribery is defined by law, which differs from country to country. The Standard gives a broad concept of bribery, but the specific definition will be determined by the laws that apply to the organization. To assist users in understanding the Standard’s aim and scope, the Standard includes clarification on what bribery means.

What does the ABMS require?
Organizations in Malaysia must implement a series of measures and controls reasonably and proportionately to help prevent, detect, and deal with bribery, including:

• Policy against bribery
• Management vision, dedication, and accountability
• Risk evaluations and personnel controls
• Project and business associate due diligence
• Financial, commercial, and contractual safeguards
• Monitoring, reporting, investigation, and review
• Continuous improvement and corrective action

How will the ABMS benefit an organization in Malaysia?
The Standard helps a company by providing:

• Minimum prerequisites for implementing or benchmarking an anti-bribery management system, as well as supporting guidance
• Assurance to management, investors, employees, customers, and other stakeholders that an organization is adopting adequate anti-bribery measures.
• Evidence that an institution has made reasonable efforts to prevent bribery in the case of an investigation.