We help organizations become more ethical and competitive
Bribery is one of the biggest challenges that the world is facing today. Apart from the unfair distribution of wealth, it hampers the overall economy and cripples the nations. Therefore, countries all over the world have imposed strict regulations to check bribery and corruption.
The ISO 37001 Certification consists of a set of standards that must be followed by an organization for the management of anti-bribery systems in an organization. Corruption in the form of bribery is a menace, especially for an organization that wants to build trust among its interested parties in order to stay relevant.
We provide strategic, transformational, and technical offerings in risk and compliance
- Our approach
Our approach to risk and compliance Auditing
Why is ISO 37001 important?
ISO 37001 sets the rules and provides guidance on how to create, implement, maintain, review and improve an anti-bribery management system. This system can stand alone or be integrated into an overall management system. ISO 37001:2016 addresses the following matters related to organizational activities: Bribery in the public, private, and non-profit sectors; Bribery by organizations; Bribery by organization personnel acting on behalf of the organization or in its interests; Bribery by a business partner of an organization acting on behalf of the organization or in its interests; Bribery of organizations; Bribery of the organization's personnel in connection with the organization's activities; Bribery of the organization's business partners in relation to the organization's activities; Bribes given directly or indirectly (for example, bribes given or received through third parties) ISO 37001:2016 only applies to bribes. Establishes requirements and provides guidance for management systems designed to help organizations prevent, detect, and respond to bribery and comply with anti-bribery laws and voluntary commitments applicable to its activities. ISO 37001:2016 does not specifically address fraud, cartels and other antitrust/competition violations, money laundering, or other activities related to corrupt practices, although an organization may choose to expand the scope of its management system to include such activities. The requirements of ISO 37001:2016 are general and are intended to apply to all organizations (or parts of organizations), regardless of the type, size and nature of activities, and whether they are in the public, private or non-profit sector. The extent of application of these requirements depends on the factors set forth in 4.1, 4.2, and 4.5.
Commodity Risk Management
Our work revolves around assisting clients in effectively managing financial risk and compliance throughout their production supply chain. We begin by quantifying a range of risks, including those related to trading, operations, and strategic aspects. By thoroughly understanding these risks, we can develop strategies and solutions to mitigate them effectively.
Credit Risk Management
Our expertise lies in constructing advanced end-to-end credit processes that not only enhance clients' operational efficiency but also significantly elevate the quality of credit decisions. By leveraging our specialized knowledge and tools, we assist organizations in streamlining their credit processes from start to finish, resulting in improved efficiency and more informed and accurate credit-related judgments.
Operational Risk Management
Our focus is on supporting clients in establishing robust guardrails that minimize the risk of reputational damage or regulatory penalties. By working closely with organizations, we help them develop and implement clear guidelines and protocols that align with regulatory requirements and best practices. These guardrails serve as a framework for ethical and compliant conduct, safeguarding the organization's reputation and reducing the likelihood of negative consequences.
- Client success in Risk Management and Compliance
Expected loss reduction
We assisted a leading merchant acquirer in the travel and airline industries with risk management and compliance, resulting in reduced exposure, lower expected losses, and increased profitability in high-risk sectors during a crisis. We successfully reduced the client’s exposure by over one-third and mitigated expected losses by approximately 85% during this turbulent period.
Uplift
A global USA bank partnered with us to enhance their treasury, asset and liability management operating models, as well as their liquidity and interest rate risk management process. Through this transformational engagement, we made revisions to the client’s behavioral models and hedging strategy
Automotive industry
We designed and implemented a global integrity and compliance program for a world-leading automobile manufacturer. The program focused on implementing processes and inspiring people, strengthening governance and processes across more than 500 legal entities worldwide. Through diverse communication, training, and enablement initiatives, we engaged all employees on the path to achieving sustainable culture change.
Client results
Explore our success stories to see how we have helped businesses like yours overcome challenges and achieve tangible results.
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