CmaBoardReleases
Title: Press Release: The Capital Markets Authority Obtains Quality Management Systems Certification
Kuwait, January 13, 2025 - The Capital Markets Authority (CMA) announces that its Procurement Section in the Financial Affairs and Treasury Department has obtained the ISO 9001:2015 Quality Management Systems Certification. This achievement underscores the CMA’s ongoing commitment to excellence and enhancing the quality of its services.
This certification attests to the CMA’s consistent dedication to development and the adoption of the best international standards. The CMA believes that this accomplishment represents another step towards sustained excellence and future success.
This international recognition signifies that the CMA rigorously and systematically applies quality standards across all stages of the procurement processes. The ISO 9001 certification is evidence of the CMA’s commitment to fostering a work environment that supports innovation and continuous improvement, while simultaneously reflecting its commitment to providing high-quality services in accordance with the highest international standards.
By implementing the ISO 9001:2015 Quality Management System, the CMA aims to enhance overall performance and client’s satisfaction by meeting quality requirements. This includes focusing on processes and activities that directly affect the quality of products or services. Through this system, the CMA can achieve greater sustainability and realize the following key objectives:
1. Achieving client satisfaction by providing products and services that meet or exceed client expectations.
2. Improving internal processes and ensuring their effectiveness through risk management and opportunity identification.
3. Complying with regulatory and legal requirements and ensuring that products and services conform to required standards.
4. Enhancing efficiency and increasing productivity by optimizing resource utilization.
5. Establishing a framework to support innovation and continuous improvement and implementing it sustainably.
6. Strengthening employees' commitment to quality principles by training and involving them in the system.
7. Building partnerships with suppliers based on trust and high quality.
Finally, this achievement reflects the CMA’s commitment to developing its operations and enhancing the efficiency of its employees to achieve the objectives stipulated in Article 3 of Law No. 7 of 2010 and its amendments.
Ends-
Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
Tel: 1888898
Email: pr-media@cma.gov.kw
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