Bribery is a serious crime in every country and all countries in the world have their own anti corruption commission and Malaysia is no exception. The authority in charge of anti corruption in Malaysia is called Malaysian Anti-Corruption Commission (MACC). In Malaysia, bribery is a very serious crime and the law takes it seriously. The penalty for bribery consists of imprisonment of up to 20 years and a fine of at least 10 times of the value of said bribery or both at the same time. So, in order to prevent bribery, Malaysia has several ways and ISO standards that will help organizations avoid/reduce the possibilities of bribery, one of which that is prominent; anti bribery management systems is ISO 37001:2016.

There are many companies in Malaysia that help other businesses improve by implementing numerous ISO Management Systems and one of the companies is called LEX Pantheon. Our company provides as much or as little support as our customer desires. We believe that we should provide training and coaching services and not just sell consultancy to our clients. Our company also provides anti bribery management systems, ISO 37001:2016. Other than ISO management system consultancy, all rounder coaching services are also provided for our clients to help them achieve their goals. Our ISO Management Systems include ISO9001, ISO 14001, ISO 45001, ABMS 37001,MSPO 2530 part 3 and 4 and last but not least, coaching services.

ABMS 37001:2016 is the anti bribery management system. ABMS 37001:2016 is ISO standards amongst the many standards e.g. ISO 9001, ISO 14001, or ISO 45001 etc.. This system can be used by any organization no matter the size of organization and whether it is public, private or voluntary and in any country.
ISO 37001 is flexible as it can be adapted according to different organizations and the bribery risk it face. It sets out the requirements and provides guidance for a management system designed to help an organization to prevent and respond to bribery, the system is ABMS 37001:2016. One of the many huge risks faced by all sorts of organisations is bribery. The act of bribery often ends with the loss of customers’ confidence, negative backlash and may lead to the closure of said organization.

There are a few steps required from an organization to apply for ABMS 37001. First of all, the organisation needs to submit a Request for Information (RFI) to certain authorities. Next step is issuance of quotations followed by the submission of an application. Then, the organisation has to go through 2 stages of Audit and after that, the organisation will get recommendation and approval from the higher up. They will also have to get Issuance of Certificate and lastly, surveillance and recertification Audit. For more information, clients can contact us through emails and we will explain more thoroughly for the clients.

There is a long list of benefits for organisations that apply ABMS 37001. The benefits include taking action against bribery for more ethical business, identifying and managing bribery by establishing risk-based anti bribery management systems. Other than that, ABMS 37001 also improves organizational efficiency and effectiveness in managing risks associated with bribery. It also increases awareness of bribery’s impacts on the organisation, highlights the ability to detect fraud and enhances an organisation’s reputation and image by ensuring legal compliance. At the same time, ABMS 37001 demonstrates a benchmark of good practice in anti-bribery management systems and an organisation’s commitment to anti-bribery practices. The last and most important benefits of applying for ABMS is that this system provides confidence and trust to potential business partners.