The Chairman of the Securities and Commodities Authority,
- Having reviewed Federal Law No. 4 of 2000 Concerning the Securities and Commodities Authority and the UAE Securities and Commodities Market and its amendments;
- Federal Decree No. 32 of 2013 Forming the Cabinet of the United Arab Emirates;
- Cabinet Decision No. 13 of 2000 Concerning the Securities and Commodities Authority's Operating System and its amendments;
- Cabinet Decision No. 108/7 and 5 of 2010 On the Restructuring of the Board of Directors of the Securities and Commodities Authority;
- SCA Board of Directors Decision No. 47 of 2012 Concerning the Securities Lending and Borrowing System;
- The Approval of the Authority's Board of Directors at its 21st meeting of the fourth session held on December 26, 2013;
- After consultation and coordination with the markets, and based on the requirements of the public interest.
has decided:
The Authority shall collect the following fees:
1. A fee of AED 5,000 for issuing approval for the activity of a lending and borrowing agent.
2. An annual renewal fee of AE...