DIFC Authority Achieves ISO Certification

Published January 13th, 2008 - 02:06 GMT
Al Bawaba
Al Bawaba

The Dubai International Financial Centre Authority (DIFC Authority) today announced that it has been awarded an International Organisation for Standardisation (ISO) certification. The ISO 9001:2000 certification was awarded by Lloyd’s Register, the independent risk management organisation, in recognition of the DIFC Authority’s commitment to continuous quality management and improvement of the services and operations at the DIFC.
Nasser Al Shaali, Chief Executive Officer of the DIFC Authority said; “We, at the DIFC Authority, are delighted to receive this certification in recognition of our dedication and commitment to service excellence. As an internationally renowned standards certificate, the ISO certificate illustrates our determination to meet the global requirements of businesses and justifies our efforts to promote best practice procedures throughout the DIFC. The accolade further emphasizes the progress that we have made to date in asserting ourselves as one of the world’s leading financial centres.”
Basem Obaid, General Manager (ME & Africa) of Lloyd’s Register added: “The ISO 9001:2000 certification acknowledges the DIFC Authority’s quality management system that has shown the ability to consistently provide products that meet customer and regulatory requirements. In addition, the certificate highlights the DIFC’s efforts to enhance customer satisfaction through the effective application of the quality management system, including processes for continual improvement of the system and the assurance of conformity to customer and relevant regulatory requirements. The certificate gives a clear demonstration of the DIFC’s commitment to quality and underlines the centre’s commitment to ensuring the highest industry standards are met and exceeded.”

ISO, the International Organisation for Standardisation, is the world’s largest developer of voluntary, consensus-based International Standards. ISO 9000 is a series of internationally-recognised standards developed by the International Organisation of Standardisation which defines requirements for the implementation of quality systems in operational procedures. The standards apply uniformly to organisations in any industry and of any size.

Lloyd’s Register (LRQA) is the world's leading international supplier of business assurance and the preferred global provider of risk management solutions aimed at enhancing its clients’ quality, safety, environmental and business performance.

About DIFC
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services.

In just three years, over 500 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards. (www.difc.ae)