The Chairman of the Securities and Commodities Authority’ Board of Directors, having perused:
- Federal Law No. 4 of 2000 concerning the Emirates Securities and Commodities Authority and Market, as amended;
- Federal Decree-Law No. 32 of 2021 on Commercial Companies;
- Cabinet Decision No. 13 of 2000 concerning the Regulation as to the Functioning of the Securities & Commodities Authority, as amended;
- Cabinet Decision No. 34 C/1M of 2022 Restructuring of the Securities and Commodities Authority's Board of Directors;
- Chairman of the Authority’s Board of Directors’ Decision No. 13/R.M. of 2021 on the Regulations Manual of the Financial Activities and Status Regularization Mechanisms; and
As required for the public interest, Decided:
The following words and phrases shall have the meanings assigned thereto unless the context indicates otherwise:
State: The United Arab Emirates.
Companies Law: The Federal Decree-Law No. 32 of 2021 on Commercial Companies.