Global Industry Classification Standard [SEP] standards body
Global Industry Classification Standard
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 24 industry groups, 69 industries and 158 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group.
GICS is used as a basis for S&P and MSCI financial market
Department of Standards Malaysia
The Department of Standards Malaysia (Standards Malaysia) is the National Standards Body and the National Accreditation Body, providing confidence to various stakeholders, through credible standardisation and accreditation services for global competitiveness. Governed by the Standard of Malaysia Act 1996 (Act 549), the Department of Standard Malaysia (Standards Malaysia) is an agency established on 28 August 1996 under the purview of Ministry of International Trade and Industry (MITI). 
History.
- April 23, 1996 - Parliament of Malaysia passed the