BAKU, Azerbaijan, Dec. 9
By Klavdiya Romakayeva - Trend:
The State Asset Management Agency of Uzbekistan (“SAMA”) has received the ISO 37001: 2016 certification – an international standard on anti-bribery management systems, Trend reports referring to the press service of the SAMA.
The ISO 37001:2016 international standard helps organizations tackle corruption and incorporates existing, well-established anti-bribery principles, such as guidance within the UK’s Bribery Act.
The standard sets out requirements and provides guidance for an organization’s management system to prevent, detect, and respond to bribery and comply with anti-bribery laws and relevant voluntary commitments. The certification contributes to goals 8, 11, and 16 of the UN Sustainable Development Goals, in particular goal 16, ‘peace, justice, and strong institutions.’
SAMA received the certification following a rigorous audit of its existing processes and systems. It is now the second State entity in Uzbekistan to take receipt following the Ministry of Justice earlier this year.
“We are very proud to be the second State entity to receive this ISO certification for our anti-bribery management system. As the significant state privatization program continues, investors – domestic and international– can be confident our operations are increasingly in line with international best practice,” Director of the SAMA Sunnatillo Bekenov said.
Certification is part of broader ongoing activities by the SAMA to improve the efficiency and transparency of its operations. The objective is to provide confidence to investors, entrepreneurs, government authorities, and other stakeholders that its business processes are aligned with international best practices.
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