The Securities and Commodities Authority of UAE was established on January 29th, 2000 to enforce laws and regulations on all the registered forex brokers, public joint-stock companies, financial companies, securities and investment firms, financial advisors, and the like. SCA seeks to solidify and develop the entire backbone of the financial markets in terms of provided services, business dealings, and so on in order to pave the way for a mutually beneficial business environment for all the participants. To that end, the organization finds it necessary to notify the registered companies of all the specific requirements under Law No. 8/1984 and Federal Law No. 4/2000. SCA is to administer the required legislative framework so the UAE-based capital markets can develop without a hitch, promote transparent practices in all aspects of the markets, secure different layers of the markets against fraudulent activities, and put into effect all the innovative approaches that could enhance the traders' experience. SCA collaborates with the Central Bank of the UAE, Ministry of Finance, Ministry of Economy, Abu Dhabi Global Market, Dubai Financial Market, and Abu Dhabi Securities Exchange, just to name a few. The international organizations that SCA cooperates with are the International Organization of Securities Commissions (IOSCO), Union of Arab Securities Authorities (UASA), Gulf Cooperation Council (GCC), The Islamic Financial Services Board (IFSB), and The Islamic Financial Services Board (IFSB).
SCA fully understands the importance of Fairness & Integrity, Transparency, Partnership & Cooperation, as well as Creativity – values that allow this supervisory entity to protect all the participants of the securities and commodities markets, provide them with all the required data, keep all of their transactions secure, and take all the necessary measures to keep up with the latest standards. As with any other lawful regulatory authority, SCA is in charge of keeping the investment market safe and secure so the participants can do their business without having to worry about fraudulent activities. Through its non-stop efforts, SCA hopes to make the UAE financial markets more palatable, especially to those cautious investors that care about their investments and want to trade in an environment that is up to date and has all the latest systems to make such demand possible. Some of the most notable and strategic priorities of SCA are the pioneer Islamic capital market, sustainable financial market, advanced financial market ecosystem, fully-fledged financial intermediary institutions, as well as regulating the financial market technologies. Additionally, some of the initiatives taken by SCA, include the Establishment of the Capital Markets Advisory Board, Al-Fursan Career Motivation Program, and Identifying of Systematically Important Financial Institutions (SIFI).