UAE Securities Regulations

Element 1: The Regulatory Infrastructure

• Federal Law No. 4 of 2000 established the Securities & Commodities Authority (SCA)
• SCA's functions include:
• Incorporation
• Organizing its membership
• Managing financial affairs
• SCA's roles in the securities and commodities market:
• Establishing and administering the market
• Overseeing clearing, settlement, transfer of ownership, and custody
• Federal Law No. 4 of 2000 (Part 2, Chapter 5) regulates:
• Disclosure and Transparency
• Board's powers
• Price sensitive information
• Dealings by the chairman, directors, and staff
• Inside information

Element 2: Licensed Bodies

• General provisions for licensed bodies
• Licensing financial activities
• Requirements for capital market institutions

Element 3: Investment Funds

• The local fund
• Provisions specific to certain public investment funds
• Cash Investment Funds
• Exchange Traded Funds
• Real Estate Funds
• Evaluation of In-Kind Shares of Investment Funds (Decision No. (63/R.T) of 2019)

Element 4: Markets

• The Central Depository (Decision No. (19/R.M) of 2018)
• Issuing and offering shares in public joint-stock companies
• Procedures for dealing with listed troubled joint-stock companies (Decision No. (13) of 2020)
• Conciliation
• Debt Securities (Decision No. (17) of 2014)
• Islamic Securities
• Derivatives
• Crypto Assets (Decision No. (23) of 2020)

Element 5: Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations

• Offences
• The Role of the Financial Services Industry
• Prohibitions
• Politically Exposed Persons (PEPs)
• Suspicious Transaction Reports (STRs)
• Practical Measures
• Record Keeping Requirements
• Penalties
• Market Abuse and Market Conduct Accepted Practice in the UAE
• Conflicts of Interest Accepted Practice in the UAE

Element 6: Client Protection

• Suitability Standards (Suitability and Appropriateness Standards (Decision No. (05/Chairman) of 2020))
• Appropriateness Standards (Suitability and Appropriateness Standards (Decision No. (05/Chairman) of 2020))
• Client Assets Accepted Practice in the UAE
• Client Communications, Reporting, Financial Promotions, and Advertising Accepted Practice in the UAE
• The Organization of Promotion and Introduction (Decision No. (3/R.M) of 2017)
• Regulations for Special Purpose Acquisition Companies (Resolution No. (01/Chairman) of 2022)

Element 7: Trading

• Abu Dhabi Securities Market (ADX)
• Broker and Trading Rules of the ADX
• Clearing, Depository, and Registry Rules
• Clearing Operations in Commodities Markets
• Dubai Gold & Commodities Exchange

Element 8: Dubai Financial Market (DFM)

• Brokerage Firms
• Rules of Securities Trading in the DFM
• The Professional Code of Conduct (DFM)
• Online Trading Regulations (DFM)
• Order Types (DFM)
• Order Handling (DFM)

This quiz covers the regulatory infrastructure for securities in the United Arab Emirates, including federal laws, authorities, and requirements for licensed bodies. Topics include corporate governance, codes of conduct, and accounting system controls.