Unified UAE Legislation Database

SCA Board of Directors’ Decision No. 70\R of 2003 Concerning the Opening of Trading Floors

Status

In force

Issuing Authority

Effective date

XX.XX.XXXX

Official Link

https://

The President of the Board of Directors of the Securities & Commodities Authority,

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

- Cabinet Decision No. 11 of 2000 concerning the Regulations as to Market Licensing and Supervision,

- Cabinet Decision No. 13 of 2000 concerning the Regulations as to the Functioning of the Securities & Commodities Authority,

- Cabinet Decision No. 216/16 of 2003 concerning the Composition of the Board of Directors of the Securities & Commodities Authority,

- Board of Directors Decision No. 18 of 2002 concerning the Fees payable to the Authority,

- After consultation and co-ordination with the bodies concerned with the setting up of Markets in the State, and the Authority's Board of Directors resolution at its meeting no. 12 of 2002 on 30/06/2002,

- And The approval of the Board as to its new composition at its first meeting on 27/05/2003,

- Has resolved

 

Article 1

A trading floor is a place appurtenant to a financial market licensed in the State, not situated in the Emirate in which the Market is located, a...