{"id":8625,"date":"2020-09-16T16:31:51","date_gmt":"2020-09-16T16:31:51","guid":{"rendered":"https:\/\/crigroup.com\/?p=8625"},"modified":"2021-10-08T11:37:42","modified_gmt":"2021-10-08T11:37:42","slug":"iso-37001-industries-1","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/iso-37001-industries-1\/","title":{"rendered":"ISO 37001 Solutions for all industries (Part 1)"},"content":{"rendered":"

Organisations of all industries, from financial institutions to international energy companies, can gain distinct benefits from ABAC\u00ae Certification for ISO 37001:2016 Anti-Bribery Management System<\/a> standard. The fact is, any company is potentially susceptible to bribery and corruption. Some industries face increased risk \u2013 which is why CRI Group’s ABAC\u00ae tailors ISO 37001 for companies across a wide range of industries, including automotive, aviation, insurance, pharma\/healthcare, property, IT\/telecommunications, financial, oil and energy, and others. In today\u2019s business climate, no organisation can afford the risk of being non-compliant and unprotected. The following are some of the issues facing companies in different industries.<\/p>\n

Automotive<\/strong><\/h3>\n

The automotive industry<\/a> is a huge worldwide business, and corruption and \u201cpay-to-play\u201d schemes make the headlines on a regular basis. Considering the markets involved include steel, labour, shipping, and others, it stands to reason that the industry can be a target for bribery and corruption problems.<\/p>\n

One example is Rolls-Royce Motor Cars, which was punished to the tune of an $800 million (U.S.) global settlement that included a deferred prosecution with the UK\u2019s Serious Fraud Office (SFO), the U.S. Justice Department and Brazilian authorities. The company was found to have engaged in systemic bribery spanning 13 years and 22 countries.\u00a0 There were multiple schemes in various countries and locations, including Indonesia, Thailand, India, Nigeria, China, and Russia. Learn more in detail about the Rolls-Royce investigation in CRI Group\u2019s case study, \u201cEthics, Compliance and Rolls-Royce\u201d<\/a>.<\/p>\n

 <\/p>\n

Aviation<\/strong><\/h3>\n

The aviation industry is facing a series of pressures that challenge each airline\u2019s profitability and growth. Over the course of the next 20 years, the global commercial aircraft fleet is expected to double to approximately 45,000 aircraft, driven by increased air travel due to an expanding middle class in emerging economies. Risk of bribery and corruption is ramped up, however, by the fact that the supply chain struggles to keep up with demand due to the ramp-up in production, volatility in the geopolitical and economic environment is increasing, and a growing labour shortage is lurking in the background.<\/p>\n

Look at major cases like Pakistan International Airlines (PIA), which has been embroiled in a scandal. The allegations involve \u201corganised failure of institutional management, state, and internal controls,\u201d in some cases connected to air accidents with loss of lives. PIA is just a high-profile example of what can result when such corruption goes unchecked, with mismanagement, corruption and kickbacks causing irreparable harm. Read more about the PIA case in the CRI Group white paper, \u201cOrganised Catastrophe of Pakistan International Airlines: Major Critical Risk Elements \u2013 Mismanagement \u2013 Corruption\u201d<\/a>.<\/p>\n

 <\/p>\n

Insurance<\/strong><\/h3>\n

While every type of insurance is ripe for fraud, did you know that bribery and corruption are among those schemes in the insurance industry?<\/a> Fraudsters are opportunists who look for an opening, and that can involve collusion, such as between claimants and adjusters, for example; or bribing officials to provide false reports or otherwise fabricate evidence in support of an insurance claim. \u00a0In fact, there are well-known cases of highly organised criminal gangs who have built money-making enterprises on insurance fraud.<\/p>\n

With the enormous liability presented by insurance fraud, every organisation should address their risk with proper control systems in place. This includes vigorous anti-bribery anti-corruption measures such as those implemented in ISO 37001. Successful risk mitigation includes conducting regular risk assessments, staying in compliance with all major laws and regulations, and regularly measuring and evaluating results.<\/p>\n

 <\/p>\n

Stay updated\u00a0<\/strong><\/h3>\n

Stay tuned for Part 2 or follow us on\u00a0LinkedIn<\/a><\/strong>,\u00a0Facebook<\/a>\u00a0<\/strong>or\u00a0Twitter<\/a>\u00a0<\/strong>for more industry news and insights.<\/p>\n

Subscribe to our monthly newsletter now<\/p>\n

Sign up for risk management, compliance, corporate and background investigations, business intelligence and due diligence related news, solutions, events and publications.<\/a><\/p>\n

 <\/p>\n

Who is CRI Group?<\/strong><\/p>\n

Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management<\/a>,\u00a0Employee Background Screening<\/a>,\u00a0

\u0630\u0643\u0627\u0621 \u0627\u0644\u0623\u0639\u0645\u0627\u0644<\/div><\/a>,\u00a0
\u0627\u0644\u0639\u0646\u0627\u064a\u0629 \u0627\u0644\u0648\u0627\u062c\u0628\u0629 360\u00b0<\/span><\/div><\/a>,\u00a0
\u062d\u0644\u0648\u0644 \u0627\u0644\u0627\u0645\u062a\u062b\u0627\u0644<\/div><\/a>\u00a0and other professional\u00a0Investigative Research<\/a>\u00a0solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia.\u00a0Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds\u00a0BS 102000:2013<\/strong>\u00a0and\u00a0BS 7858:2012 Certifications<\/strong>, is an HRO certified provider and partner with Oracle.<\/p>\n

In 2016, CRI Group launched\u00a0Anti-Bribery Anti-Corruption (ABAC\u00ae) Center of Excellence<\/a>\u00a0\u2013 an independent certification body established for\u00a0ISO 37001:2016 Anti-Bribery Management Systems<\/a>,\u00a0ISO 37301 Compliance Management Systems<\/a>\u00a0and\u00a0ISO 31000:2018 Risk Management<\/a>, providing\u00a0training<\/a>\u00a0and\u00a0certification<\/a>. ABAC\u00ae operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group\u2019s global team of certified fraud examiners work\u00a0as a discreet white-labelled supplier to some of the world\u2019s largest organisations.\u00a0Contact\u00a0ABAC\u00ae for more<\/a> on ISO Certification and training.<\/p>","protected":false},"excerpt":{"rendered":"

Organisations of all industries, from financial institutions to international energy companies, can gain distinct benefits from ABAC\u00ae Certification for ISO 37001:2016 Anti-Bribery Management System standard. The fact is, any company is potentially susceptible to bribery and corruption. Some industries face increased risk \u2013 which is why CRI Group’s ABAC\u00ae tailors ISO 37001 for companies across […]<\/p>","protected":false},"author":1,"featured_media":12695,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,14,16,17,146],"tags":[],"class_list":["post-8625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-industries","category-anti-bribery-anti-corruption-solution","category-compliance-solution","category-iso-37001","category-resources"],"gutentor_comment":0,"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\n\n\t\n