Bank of Valletta (BOV) has received the ISO 37001 certification, demonstrating its commitment to preventing bribery and maintaining a culture of integrity. This international standard provides a framework for organizations to establish, implement, and maintain an anti-bribery management system, ensuring compliance with anti-bribery laws and regulations. By achieving this certification, BOV aims to enhance stakeholder trust, reduce bribery risks, and promote a transparent business environment.
ISO 37001 certification involves implementing anti-bribery policies, conducting risk assessments, and establishing due diligence procedures. It also requires organizations to provide training and awareness programs for employees and maintain robust reporting and monitoring mechanisms.
