The Kuwait Capital Markets Authority announced that the Procurement Section within its Financial Affairs and Treasury Department has obtained ISO 9001:2015 Quality Management Systems certification, placing its procurement activities under an internationally recognised quality management standard. The certification is intended to demonstrate that quality standards are applied systematically across all stages of the authority’s procurement processes, with a focus on improving performance and client satisfaction. The authority linked the ISO 9001:2015 framework to tighter process management, identification of risks and opportunities, compliance with legal and regulatory requirements, efficiency and productivity gains from optimised resources, staff training and involvement, and supplier partnerships, and tied the step to achieving the objectives set out in Article 3 of Law No. 7 of 2010, as amended.
Kuwait Capital Markets Authority 2025-01-13
Kuwait Capital Markets Authority Procurement Section obtains ISO 9001:2015 quality management certification
The Kuwait Capital Markets Authority's Procurement Section has achieved ISO 9001:2015 Quality Management Systems certification, enhancing its procurement processes under an internationally recognized standard. This certification aims to improve performance, client satisfaction, and compliance with legal and regulatory requirements, aligning with the objectives of Article 3 of Law No. 7 of 2010.