Nobody likes to think it happens in their organization but unfortunately, criminal offences like bribery and corruption do occur. That’s why BSI has developed BS 10500 Anti-bribery Management Systems Specification; providing step-by-step guidance to help you make the right decisions.
As anti-bribery legislation gets tougher, the risk of corruption grows, particularly within the global markets in which we operate. Proven anti-bribery guidelines are expected to become a business requirement, which is why we recommend that you get ahead now.
Whatever your location, an independently certified ABMS provides evidence that your anti-bribery practices are robust and help you comply with the UK Bribery Act. Get the support you need to maintain and continually improve these processes at the level required to protect your business, supply chain and most importantly, your employees.
BS 10500 outlines a systematic approach to managing anti-bribery that encourages you to routinely monitor and improve your controls in proportion to the risks you face. That way, you'll be able to identify and address vulnerabilities early - before they have a chance to escalate.
The new standard lets you demonstrate you have done everything to comply with the Bribery Act 2011 and put adequate measures in place. The standard applies to organizations of all sizes, sectors and locations and is relevant to businesses in both the public and private sector. The anti-bribery standard is highly recommended for those working in industries with a greater exposure to risk, such as construction, engineering, defence, mining and utilities.
BS 10500 allows you to:
- Familiarize yourself with the new anti-bribery legislation
- Enables stronger confidence, better reputation and more business
- Identify risks early and prove you have measures in place
- Stay protected and compliant with legislation
- Manage risk across your business, including supply chains
- Continually improve and deliver best practice in managing risks.
What is bribery?
Bribery is the offering, giving, receiving, or soliciting of something of value for the purpose of influencing the action of an official in the discharge of his or her public or legal duties. A bribe can consist of immediate cash or of personal favours, a promise of later payment, or anything else the recipient views as valuable.
What is the UK Bribery Act?
The Act came into force in July 2011 making it a crime for commercial organizations failing to prevent people associated with them from committing bribery on their behalf. However now you can protect your business if you prove you have adequate anti-bribery procedures in place. UK government guidance published on 31 March 2011 recommends that the procedures you implement are proportionate to the level of risk your organization is exposed to and remains relevant on an international scale.
The cost of implementing an anti-bribery management system which is compliant with BS 10500 is likely to be minimal when compared to the loss and damage which could be suffered by an organization which gets involved in corruption.
BS 10500 case studies
To demonstrate how this standard can help your organization, BSI has produced four case studies to illustrate the benefits of BS 10500 in action.
Balfour Beatty believes that it has implemented an anti-bribery compliance programme which is compliant with international best practice.
Myers La Roche
While the company already had in place management,financial and commercial controls which would help prevent bribery, it had not yet formally implemented an antibribery compliance programme.
The company’s interest in BS 10500 is not to help it implement a programme, but to measure its own programme against BS 10500 to ascertain whether any further improvements can be made to it.
Collinson Hall wished to use BS 10500 to help it implement an anti-bribery management system, which can both help to prevent bribery occurring in relation to the company’s business and be used as a positive marketing tool to promote the company as a highly ethical practice.
Anti-Bribery Product Information Request: Complete a form to find out more about BSI's Anti-Bribery products, training and certification
Read about our BS 10500 event, held June 2012