Securities and Commodities Authority (SCA)
UAE regulator overseeing capital markets and related products.
Detailed Description
Securities and Commodities Authority (SCA)
What is the main role of the SCA?
The main role of the SCA is to oversee and regulate the securities and commodities markets to ensure they operate fairly, transparently, and efficiently.
How does the SCA protect investors?
The SCA protects investors by enforcing regulations that safeguard against market manipulation, fraud, and unethical practices.
What are some functions of the SCA?
Some functions of the SCA include regulating exchanges, licensing market intermediaries, and overseeing public offerings and IPOs.
What compliance requirements must market participants follow?
Market participants must adhere to reporting, disclosure obligations, and corporate governance standards as set by the SCA.
How does the SCA engage with international regulatory bodies?
The SCA engages with international regulatory bodies to align its practices with global standards and enhance its regulatory framework.