Author Archives: abacnews

ISO 37001 certification: enhance your reputation and credibility

Bribery and corruption are serious concerns to businesses, government agencies and non-profit organisations. In fact, the risk of being associated with the negative impacts of this type of fraud extends to third party partners and influences present and future businesses relationships. In this business climate, consider the tremendous advantage your organisation will enjoy if it is ISO 37001:2016 certified to prevent bribery and corruption, a designation you can proudly communicate to the public and market to potential partners. ABAC® Center…

Why is International Anti-Corruption Day so significant?

International Anti-Corruption Day is kept on December 9 every year to serve up as a remembrance for each entity in the interior of the corporate industry and further than to actively communicate and combat in opposition to corruption in lives in and out of the working environment.  Initiated by Peter Eigen, a World Bank official who detected the objectionable imprint of corruption in East Africa, Transparency International was established to find ways of enlightening others and remains to be one…

ABAC® celebrates five years of battle against bribery and corruption

ABAC® Center of Excellence celebrated its fifth anniversary with great joy today. The ABAC® Center of Excellence is exulting its fifth anniversary in the relentless battle in resistance to bribery and corruption. Since its establishment back in 2016, ABAC® has achieved a wealth of milestones, including registering with the PSMB to become HRDF Claimable Training Providers (TP); an accreditation that authorises ABAC® to deliver the highest level of training services for multinational organisations pursuing to educate personnel and qualified individuals in Malaysia…

Culture shift: On ethics and compliance, empower your organisation to mitigate risk

Companies confront ethics and compliance issues every day. Once upon a time, the idea of business ethics was more of an abstract or philosophical notion that seemed more suited for discussion in a university lecture or at a business conference. Today, however, organisations of all sizes and industries must have concrete ways of addressing ethics and compliance issues as a principal component of their business processes. There are four key elements to an ethics and compliance strategy. These include tone…

ABAC® certifies UDA Holdings Berhad Certified for ISO 37001:2016 Anti-Bribery Management Systems

UDA Holdings Berhad Group (UDA) has successfully demonstrated compliance with ISO 37001 requirements and attained ABAC® Certification in ISO 37001:2016 Anti-Bribery Management Systems (ABMS) for their Investment Holding, Property Development and Project Management, Property Investment and Management, Facilities Management as well as Resort and Hotel Management, and Development and Management of Golf Course business activities. Zafar Anjum, CEO of CRI® Group and ABAC®, stated that “ISO 37001 ABMS certification is structured in a way that not only identifies risks and…

Achieving Success in Preventing, Detecting Bribery and Corruption

When organisations make the decision to make anti-bribery anti-corruption compliance a top priority, the results speak for themselves. The ISO 37001:2016 Anti-Bribery Management System training and certification standard bring together best practices, proven strategies, and elements of the U.S. Foreign Corrupt Practices Act, the UK Bribery Act 2010 and other major legislation aimed to curb bribery and corruption. Today, the stakes are too high to turn a blind eye and continue with business as usual. Organisations of all sizes, industries…

ISO 37301 Compliance Management System

ISO 37301:2021 Compliance Management Systems Navigating a Sea of International Compliance Standards to Build a Framework for an Effective Strategic Compliance Program How is Your Company Keeping Up with International Regulations? The U.S. Foreign Corrupt Practices Act (FCPA). The Good Practice Guidance on Internal Controls, Ethics and Compliance (OECD). The Anti-Corruption Ethics and Compliance Handbook for Business (OECD). The U.K. Bribery Act 2010. The British Ministry of Justice’s Adequate Procedures document. So many laws and regulations. So few resources are…