About Securities and commodities authority (sca)
The Securities and Commodities Authority (SCA) is a regulatory body in the United Arab Emirates that oversees the securities and commodities markets. The SCA's vision is to create a sustainable investment environment in an advanced financial market, while its mission is to protect investors' rights and promote an attractive environment for capital.
The SCA was established in 2000 under Federal Law No. 4, which granted it the authority to regulate and supervise all activities related to securities and commodities trading in the UAE. The SCA's mandate includes licensing, monitoring, and enforcing regulations on brokerage firms, investment funds, public joint-stock companies, and other entities involved in securities trading.
One of the key objectives of the SCA is to ensure transparency and fairness in the securities market by implementing strict regulations that govern disclosure requirements for listed companies. This helps investors make informed decisions based on accurate information about a company's financial performance.
The SCA also plays a crucial role in protecting investors from fraudulent activities such as insider trading or market manipulation. It has established a comprehensive legal framework that outlines penalties for violations of securities laws.
In addition to its regulatory functions, the SCA also promotes investor education through various initiatives aimed at raising awareness about investing best practices. These include seminars, workshops, publications, and online resources designed to help individuals make informed investment decisions.
Overall, the Securities and Commodities Authority (SCA) plays an essential role in ensuring that UAE's financial markets operate efficiently while protecting investors' interests. Its commitment towards creating a sustainable investment environment has helped attract foreign investments into UAE's economy while promoting growth opportunities for local businesses as well.