Unified UAE Legislation Database

SCA Board of Directors’ Decision No. 1/RM of 2022 on the Regulations for Special Purpose Acquisition Companies

Status

In force

Issuing Authority

Effective date

XX.XX.XXXX

Official Link

https://

The Chairman of the Securities and Commodities Authority’ Board of Directors, Having perused:

- Federal Law No. 4 of 2000 A.D concerning the Emirates Securities & Commodities Authority and Market, as amended;

- Federal Decree- Law No. 19 of 2020 A.D regarding Trusts;

- Federal Decree- Law No. 22 of 2020 concerning the Distribution of Competencies and Powers between the Securities and Commodities Authority and the Licensed UAE Securities and Commodities Markets;

- Federal Decree- Law No. 32 of 2021 concerning Commercial Companies;

- Cabinet's Decision No. 12 of 2000 Concerning the Regulation as to the Listing of Securities and Commodities, as amended;

- Cabinet’s Decision No. 13 of 2000 A.D concerning the Regulation as to the Functioning of the Securities and Commodities Authority, as amended;

- Cabinet’s Decision No. 18/1f of 2021 concerning the restructuring the Securities and Commodities Authority’s Board of Directors, as amended;

- Authority’s Board of Directors’ Decision No. 3 of 2000 concerning the Regulation as to Disclosure and Transparency, as amended;

- Authority...