Dear Reader,

It is my pleasure to introduce you a brief account on the role of the SCA as the regulator and capital market watchdog.

The SCA, within the last few years, has achieved outstanding landmarks on the path of advancement and development. In this respect, it has successfully managed to set up an integrated series of legislations and regulations that positively helped to maintain sound transactions and dealings in the capital market.

In fact, as a result of this constructive legislative infrastructure that enabled the SCA to play effectively its regulatory and overseeing role, it helped, at the same time, to implement consistent and continuous following up of the trading transactions in the capital markets and keeping an eye on the brokerage firms by launching surprise inspection campaigns.

Based on the SCA belief that protecting the public investors would not be attained by the rules and regulatory measures only, but by boosting further knowledgeable and informative methods enabling them better understanding the technique of trading process. Therefore, the SCA does spare no effort to support disclosure and transparency. We have customized the updated learning resourceful investment awareness programs that help satisfy the requirements of the wide spectrum sectors of dealers in the capital market.

In the meantime, the SCA has positively managed to upgrade the market trading volume and capitalization by urging and encouraging the family-owned business to turn into public joint-stock companies. Moreover, laying out the requirements to be followed for going into initial public offering that paved the way to increase the number of the public companies listed in the capital markets.

On the international and regional level, the SCA has climbed unprecedented level by holding several memorandums of understanding with other counterparts, which is considered a value adding to its role on the local and worldwide scale.

We are proud that the ground breaking of the Union of Arab Securities Authority (UASA) has been announced from its permanent base Abu-Dhabi. Meanwhile, the SCA has joined the International Organization for Securities Commissions (IOSCO), the internationally recognized as the specialized organization initiating the mandatory standards to be matched by the regulators in the securities field all over the world.

It is worth mentioning that the “Emirates Securities Market” index successfully managed to gain investors and dealers’ confidence, where it is noticeably on the increasingly averages of browsers of the SCA website as well. It is undoubtedly clear enough that the newspapers and economic media refer to the ESM index that being taken as a referenced benchmark-leading index in the capital market.

In the line with the SCA steadily persistent commitment in responding positively to the potential challenges and variables by taking proactive initiatives, a new precisely updated website has been recently launched. It is a qualitative resilient website keeping pace with the fast moving developments in the SCA work rhythm aiming at meeting the needs of the dealers in the capital market.

Dear Reader,

I seize the opportunity to invite you to visit this website to be personally acquainted with its new and innovative-design- criteria and features mainly set up to serve the different specializations as well as simultaneously responding to the browsers and enquirers.

Abdullah Salem Al-Turifi
The CEO of SCA