The UAE has issued two federal decree laws to modernise capital markets and strengthen financial oversight. The legislation enhances the role of the Capital Market Authority, clarifying its responsibility to regulate licensed financial activities.
The laws align the UAE’s regulatory framework with international standards, including those set by the International Organization of Securities Commissions, the World Bank, the IMF, and the Financial Action Task Force.
The decrees are intended to ensure the UAE capital markets remain efficient, transparent, and globally competitive.
Gulf Economist Staff Writer