CHAPTER 2: AN ABMS BY ANY OTHER NAME

What is an ABMS?

An ABMS is not the same as financial and corporate governance rules to prevent bribery and fraud., but it can be integrated as a part of it. For organisations in the UK, corporate governance or financial controls should already be in place to meet the requirements of the Bribery Act 2010. However, implementing an ABMS – as understood by ISO 37001 – is still optional.

ISO 37001 is the new basis for most ABMS implementations. It is similar in approach to other international standards, such as ISO 9001:2015 (quality management systems) or ISO 14001:2015 (environmental management systems), in that it is based on a plan, do, check, act (PDCA) approach to decision making.

A PDCA approach can be ...

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