Unified UAE Legislation Database

Securities and Commodities Authority Chairman's Decision No. 22/RM of 2023 On Regulating Securitisation Operations

Status

In force

Issuing Authority

Effective date

XX.XX.XXXX

Official Link

https://

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

- Having reviewed Federal Law No. 4 of 2000 On the Emirates Securities and Commodities Authority and Market and its amendments;

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

- Cabinet Decision No. 13 of 2000 On the Work System of the Securities and Commodities Authority and its amendments;

- Cabinet Decision No. 34M/1W of 2022 on the reconstitution of the Board of Directors of the Securities and Commodities Authority (SCA);

- Based on what is required in the public interest

has decided:

 

Introductory Chapter

Article 1 - Definitions

The following words and phrases shall have the meanings assigned to them unless the context requires otherwise:

 

State: United Arab Emirates.

 

Commercial Companies Law: Federal Decree-Law No. 32 of 2021 On Commercial Companies.

 

Authority: Securities and Commodities Authority.

 

Market: The Securities and Commodities Exchange authorised in the State by the Authority.

 

Financial Activities Rulebook: Chairman of the Board of Directors of the Auth...