Do your business activities fall under the regulation of the Securities and Commodities Authority (SCA)?

The UAE Securities and Commodities Authority ("SCA" or sometimes referred to as "ESCA") is tasked with monitoring and regulating the UAE’s financial markets including the Dubai Financial Market ("DFM"), the Abu Dhabi Securities Exchange ("ADX") and the Dubai Gold & Commodities Exchange ("DGCX"). Furthermore, SCA regulates all securities-related activity within the UAE excluding activity within the Dubai International Financial Centre ("DIFC") and the Abu Dhabi Global Market ("ADGM").

What type of licence does my firm need?

The type of SCA licence your firm will require depends on the activities you wish to undertake. Permissible businesses under some of the available key licences and the mandatory positions and qualifications required for each licence are detailed in our download 'Getting Authorised by the UAE Securities & Commodities Authority'. 

Download 'Getting Authorised by the UAE Securities & Commodities Authority' for further details and insights on the application process, including:

  • The types of business that the SCA regulates
  • The process for becoming regulated by the SCA
  • The costs associated with an SCA licence
  • Mandatory qualifications

Guidance on the Investment Business Regulations of the SCA

Our SCA Focus Series provides guidance on the investment business regulations of the SCA, read the available issues by clicking here.

Ensuring a smooth application process

With various government bodies involved, the process can often be deemed as complex and daunting. However, by using our reliable contacts and resources across the UAE regulatory landscape, we can project manage your licensing application coherently and effectively, leaving you with the assurance that your application is in capable hands and making headway.  

Furthermore, it is important to note that the SCA regulations are constantly evolving and for that reason, even beyond receiving your SCA licence, CCL will always be available to provide you with ongoing support with an interpretation of the regulations and advise as to how best update your systems and controls in line with regulatory updates.  

Contact our Regulatory Authorisation Specialists To identify the right regulatory environment for your business, contact our UAE Authorisation specialists.

We have a dedicated team of experienced compliance consultants who can provide expert assurance and peace of mind. Get in touch to see how we can help your Firm.