Sberbank’s anti-corruption management system certified for compliance with international standard
January 18, 2018, Moscow – The bribery prevention, gifts and business hospitality elements of Sberbank’s anti-corruption management system was certified for compliance with international standard ISO 37001:2016 - Anti-bribery management systems.
The certificate was issued in accordance with a decision made by the Certification Committee of ICA Audit, a division of the International Compliance Association (ICA). The certification audit was performed by an independent audit team deployed by ICA Audit to deliver the audit. ICS LLC, the exclusive partner of ICA in Russia and the CIS organised and managed the project providing local technical and jurisdictional support to the audit team and ICA Audit’s secretariat.
The certificate is valid until December 25, 2020 and is due to annual surveillance audits to be carried out.
Sberbank also confirmed that its compliance management system meets the requirements of ISO 19600:2014 - Compliance management systems by successfully completing the first surveillance audit (since receiving the primary certificate in 2016) in risk areas associated with Anti-money laundering (AML)/Counter terrorism financing (CTF); Gifts & hospitality/anti-corruption; insider trading and conflicts of interest.
“This certification for compliance with best international practices in prevention of corruption is yet another testament to Sberbank’s commitment to fighting bribery, and is a clear sign to investors, regulators and business partners that we take corporate responsibility and business ethics very seriously,” commented Bella Zlatkis, Deputy Chairman of the Executive Board of Sberbank.