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Friday 29 November 2019

Morocco’s Central Bank Receives ISO 37001 Certification for its Anti-Corruption Management System

Vocal synthesis
 Morocco’s Central Bank Receives ISO 37001 Certification for its Anti-Corruption Management System

 

Morocco’s central bank (Bank Al-Maghrib) was awarded the ISO 37001 certification for its Anti-Corruption Management System, for all its core business processes and support proc

 

The bank has received this certification following the audit conducted by Euro-Compliance in October 2019, Bank Al-Maghrib said in a press release.

The awarding ceremony was held on Thursday in Rabat, and was attended by Bank Al-Maghrib’s board members, its institutional partners and representatives of civil society.

This ceremony coincides with the celebration of Bank Al-Maghrib’s 60th anniversary.

It also takes place on the eve of the international and national Anti-Corruption days on 9 December and 10 January respectively.

This certification will further strengthen Bank Al-Maghrib’s actions, in terms of ethics and professional conduct, providing the Bank with an integrated and well-structured anti-corruption system, the source added.

Steered by the Bank’s top management, the system is established around the following main components, namely an anti-corruption policy, published internally and externally, a risk management system related to the Bank’s activities, ongoing awareness and training actions and an ethics alert system open to staff and partners.

Through this system, Bank Al-Maghrib also aims to actively contribute, along with all stakeholders in the financial sector, to building upon the anti-corruption momentum, along the national anti-corruption strategy.

MAP 28 November 2019