Development Bank of Mongolia to Implement Iso 37001 Anti-bribery Management System
The Development Bank of Mongolia (DBM) inked a memorandum of cooperation with ISO Mongolia LLC on December 5 to implement the MNS ISO 37001:2017 anti-bribery management system.Deputy Director of DBM Ch.
Enkhbat and ISO Mongolia LLC's Managing Director G.Oyungerel signed the memorandum.
The ISO37001 is a management system developed by the International Organization for Standardization (ISO). More specifically, it is an anti-bribery management system that includes measures designed to help organizations prevent, detect and address bribery.
These include adopting an anti-bribery policy, appointing a person to oversee anti-bribery compliance, training, risk assessments and due diligence on projects and business associates, implementing financial and commercial controls, and instituting reporting and investigation procedures."Bribery is one of the world's most destructive and challenging issues.
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