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Bursa Malaysia Berhad accomplished double achievements when the exchange received certifications for conformance to the ISO 9001:2000 Quality Management System and ISO 14001:2004 Environmental Management System standards. The certification panel of SIRIM QAS International Sdn. Bhd., the national certification body, approved the award of the certifications to Bursa Malaysia on Friday, 5 October 2007. The certifications also serve as an acknowledgement that Bursa Malaysia’s quality and environment management systems conform to internationally recognised standards.
Dato’ Yusli Mohamed Yusoff, Chief Executive Officer said the certificates will provide Bursa Malaysia the credibility to deliver higher quality products and services to the market as well as provide value to its shareholders. “This achievement bodes well for our aim to widen trading access and efficiency via infrastructure improvement and bringing quality products and services to the market. This will certainly enable us to meet the requirement for growth and maintain our competitiveness.”
Bursa Malaysia is the only exchange to be certified with ISO 14001 and the first exchange in the world to pursue these two certifications simultaneously. The certification was the outcome of an assessment of BursaMalaysia’s quality and environment management systems in relation to the standards requirements, internal procedures and legal and stakeholder requirements.
To achieve these certifications, Bursa Malaysia underwent a stringent internal assessment and an external auditing process by SIRIM. The initiative took nine months for enhancement of existing procedural documentation and involved training for familiarization with the requirements of both standards.
"Our success in achieving this goal is due to the dedication and teamwork of everyone in the company. We decided to pursue both certifications simultaneously because of the compatibility between the two standards and Bursa Malaysia’s position in influencing other entities to implement similar systems especially for monitoring environmental aspects and impact to their operations," added Dato’ Yusli. He further added that the ISO certification supports Bursa Malaysia’s pursuit of continual improvement and its on-going commitment to provide its stakeholders an assurance of quality in fulfilling their requirements whilst optimizing environmental performance.
The ISO 14001 is intended to provide organizations with elements of an effective environmental management system for achieving their environmental and economic goals. Dato’ Yusli said, “Being certified as a financial institution with ISO 14001 certification positions Bursa Malaysia extremely well in the industry as well as in the eyes of its stakeholders, especially the emerging socially responsible institutional investors.”
ISO 9001 defines requirements for quality management systems and focuses on meeting customer requirements. Both ISO 9001:2000 and ISO 14001:2004 are management system standards that were developed by the International Organization for Standardization (ISO). The standards apply uniformly to companies in any industry and of any size.
