"Securities and commodities" Appatured a package of development decisions

Abu Dhabi, July 14/ WAM/ The Securities and Commodities Authority Board, at its third meeting of 2025, reviewed the main performance indicators of the authority during the first half of 2025.
According to a press release issued today, the council approved during the meeting a package of strategic decisions that embody the authority’s commitment to accelerate the pace of development in the financial markets sector, and to harmonize its legislation with international best practices, in a way that enhances the country’s competitiveness in a manner consistent with the UAE vision of the future economic transformation.
The council held its meeting chaired by His Excellency Muhammad Ali Al -Shurafa, in the presence of Vice President His Excellency Faisal Youssef Sleastin, members of the Council, His Excellency Dr. Ali Muhammad Al -Rumaithi, His Excellency Hamad Sayyah Al Mazrouei, His Excellency Rashid Abdul Karim Al Balushi, His Excellency Aref Mohamed Amiri, Rashid Ali Al Niyadi, in addition to the CEO of the Authority, His Excellency Walid Saeed Al Awadi.
His Excellency Muhammad Ali Al -Shurafa, Chairman of the Securities and Commodities Authority, said that the authority’s vision emerges from a profound belief in the role of the UAE as a global center for the launch of future economic transformations, through an integrated financial system based on innovation and organizational distinction, which in turn contributes to upgrading the state’s position as an influential and effective financial axis in formulating the features of the future of the global economy.
For his part, His Excellency Walid Saeed Al -Awadi, CEO of the Securities and Commodities Authority, affirmed the commitment of the authority to lead a qualitative shift in the global economic system, to consolidate the position of the UAE as a model to be followed in organizational innovation and the protection of investors.
He said we are not limited to keeping pace with global developments, but we re -draw their features by formulating new standards that open unprecedented horizons for sustainable growth, and through an innovative organizational framework, we redefine concepts of transparency, accountability and distinction, which drives the UAE to the vanguard of influence on the international economy.
During the first half of this year, the authority witnessed an exceptional growth in the number of new licenses by 55%, while the total number of licensed companies increased by 60% compared to the same period in 2024.
The number of licensed local investment funds also recorded a marked increase by 79%, which was reflected in a record increase in the total value of the managed assets by 230%.
Besides, the number of foreign investment funds registered increased by 54%, and the value of bond and bonds programs registered by growing by 35% compared to the first half of 2024, which reflects the authority’s ability to attract global investments and enhances its pivotal role in establishing the UAE site on the global investment map.
Within the framework of the commission’s commitment to protect the rights of investors and consolidate the principles of transparency, the Council reviewed the developments of the files of non -received profits and the stagnant cash balances of brokerage companies, as the value of the amounts spent for beneficiaries by the end of the second quarter of 2025 amounted to about 190 million dirhams.
In a strategic step that reflects the level of pioneering coordination and integration between the regulatory authorities in the UAE, the Board of Directors approved a decision to form a coordination committee headed by the Securities and Commodities Authority, and the membership of both the FSRA, the Dubai Financial Services Authority, DFSA, the Dubai VARA, along with a group of specialized experts, includes both Brian Steermalt, and Sight Badran and Saeed Mansour Al -Awar.
The committee will study and review new legislation in the securities and commodities sector, evaluate existing regulatory frameworks, and propose development amendments that enhance compatibility and harmony between the regulators, which enhances the flexibility and efficiency of the financial system and establishes the UAE’s position as a leading strategic axis in international financial markets.
The meeting also discussed the most important consequences of the launch of the registration of “Finluencers”, which is the first of its kind in the region, which represents a qualitative shift in the role of regulatory authorities within the system of digital economy.
The initiative seeks to enhance transparency and protect investors, to keep pace with the rapid developments in the digital financial environment, as it contributes to the consolidation of a flexible and stimulating organizational environment for change, which supports markets of markets and opens new horizons for economic influence at the international level.
The Council also adopted a new organizational framework for regulating fame and evaluating it in public joint stock companies, as it is one of the unfinished assets that include the strength of the brand and the company’s reputation.
The decision aims to enhance compliance with international accounting standards, and to define clear principles of evaluation that supports administration councils, auditors and external auditors in performing their assessment obligations, as well as enhancing transparency and disclosure of investors.

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