BS 10500:2011 is the specification for an anti-bribery management system (ABMS)….
The UK Bribery Act 2010, which came into force in July 2011, introduced a new offence of “failure of a commercial organisation to prevent bribery” – leading to a surge in interest in standards that can act as a defence for companies at risk.
In response to the new legislation, a new British Standard is designed will help managers to verify internally and to external stakeholders that robust anti-bribery practices are in place and that they are being implemented adequately.
The specification for an anti-bribery management system (ABMS) is BS 10500.
A management system is a proven framework for managing and continually improving your organisation’s policies, procedures and processes.
The systematic approach it encourages will help you to identify risks earlier on and help you make sure that anti-bribery practices are maintained, and improved over time.
Also by specifying exactly what you need to put in place to make sure you have "adequate procedures" in place you can make sure you have included everything you need and you can save time transforming the legislation into practical measures.
