Unified UAE Legislation Database

Authority’s Board of Directors’ Decision No. 2/R Of 2000 Concerning the Regulations on Market Membership

Status

In force

Issuing Authority

Effective date

XX.XX.XXXX

Official Link

https://

The Chairman of the Board of Directors of the Securities and Commodities Authority,

- Having considered Federal Law No. 4 of 2000 concerning the Emirates Securities and Commodities Authority and Market,

- Council of Ministers’ Decision No. 193/18 of 2000 concerning the Composition of the Board of Directors of the Authority,

- After consultation with the parties concerned in the establishment of Markets, and

- Upon the Authority's Board of Directors’ decision at its meeting convened on 29/10/2000,

Has decided to adopt the following Regulation for Market Membership:

 

Article 1 - Definitions

For the implementation of the provisions of this Regulation, the following words and expressions shall have the meanings assigned thereto, unless the context indicates otherwise:

 

Law: Federal Law No. 4 of 2000 concerning the Emirates Securities and Commodities Authority and Market.

 

State: The State of the United Arab Emirates.

 

Authority: The Securities and Commodities Authority.

 

Board: The board of directors of the Authority

 

Market: The securities and commodities market licensed in t...