The 149 UAE laws, decisions and regulations on capital markets in the Polaris Legal Library, each summarised from the official text with status, key provisions and penalties.
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Chairman of the Authority's Board of Directors' Resolution No. (07/Chairman) of 2026 Concerning the Regulation of Margin Trading Financed by Dubai Financial Market via “iVestor” Platform
Permits Dubai Financial Market to finance investors’ margin trading through its iVestor platform, subject to a tripartite agreement with the member and client, conflict-of-interest safeguards and controls approved by the CMA.
Chairman of the Authority’s Board of Directors’ Resolution No. (04/Chairman) of 2026 Concerning the Regulation of Virtual Assets Service Providers and the Alternative Trading System Operator
Issues the regulation of virtual asset service providers and alternative trading system operators: licensing categories and in-principle approval, systems, controls and cybersecurity, business conduct (client agreements, suitability, conflicts, records), market conduct and penalties. It repealed Decision No. 26/Chairman of 2023.
Chairman of the Authority’s Board of Directors’ Resolution No. (11/ Chairman) of 2026 Concerning the Amendment of the Regulations Manual of the Financial Activities Approved by the Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021
Amending instrument that changes the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2026 Concerning the Amendment of the Regulations Manual of the Financial Activities Approved by the Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021
Amending instrument that changes the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (18/Chairman) of 2026 Concerning the Amendment of the Chairman of the Authority’s Board of Directors’ Resolution No. (32/Chairman) of 2018 Concerning Technical Service Fees Payable to the Authority
Amending instrument that changes the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Administrative Resolution No. (41/CEO) of 2025 Amending the Violations and Administrative Penalties Regulation for the Implementation of the Authority
Amending instrument that changes the Complaints Regulation (CMA Decision No. 45/CEO of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Administrative Resolution No.(21/CEO) of 2025
Amending instrument recorded in the amendment notes of the Investment Funds Regulation (CMA Decision No. 1/Chairman of 2023). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (09/Chairman) of 2025
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (12/Chairman) of 2025
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (14/Chairman) of 2025
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (15/Chairman) of 2025 Concerning the Regulation as to Security Tokens and Commodity Tokens Contracts
Regulates security tokens and commodity token contracts, setting how tokenised securities and commodity contracts are issued, offered and dealt in under CMA oversight.
Chairman of the Authority’s Board of Directors’ Resolution No. (16/Chairman) of 2025 concerning the Regulation and Evaluation of Goodwill in Public Joint-stock Companies
Regulates goodwill in listed local public joint stock companies whose intangible assets include goodwill, including valuations of such companies targeted for acquisition or involved in a merger.
Chairman of the Authority’s Board of Directors’ Resolution No. (24/Chairman) of 2025 Amending the Chairman of the Authority’s Board of Directors’ Resolution No. (3/Chairman) of 2020 Concerning the Approval of the Joint Stock Companies Governance Guide
Amending instrument that changes the Joint Stock Companies Governance Guide (CMA Decision No. 3/Chairman of 2020). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No.(10/Chairman) of 2025 concerning the Regulation of Finfluencer
Regulates finfluencers who promote or recommend financial products: conditions and applications for authorisation, obligations of the finfluencer and of issuers and licensees using them, supervision and grievances. It repealed Decision No. 33/Chairman of 2023.
Circular on Annual General Meetings of Public Joint-Stock Companies for 2025
Clarifies how public joint stock companies must hold their annual general meetings for 2025 under the Commercial Companies Law and the Governance Guide, including timing, quorum, the 2025 governance report and auditor-related requirements.
Federal Decree by Law No. (32) of 2025 Regarding Capital Market Authority
Constitutes the Capital Market Authority as legal successor to the Securities and Commodities Authority, sets its objectives, powers, board and executive structure, keeps Decree-Law No. 22 of 2020 in force and repeals Federal Law No. 4 of 2000, effective 1 January 2026.
Federal Decree by Law No. (33) of 2025 Concerning the Regulation of the Capital Market
Regulates the onshore capital market from 1 January 2026: financial activities subject to CMA licensing, capital market institutions, offering and listing of securities, disclosure, investment funds, virtual assets, the investor protection fund, investigations, early intervention, resolution and penalties.
Administrative Resolution No. (29/CEO) of 2024 Regarding Amending Administrative Resolution No. (48/ CEO) of 2023 On the Executive Controls of Some Provisions Stipulated in the Regulations Manual of the Financial Activities
Amending instrument that changes the Executive Controls for the Regulations Manual (CMA Decision No. 48/CEO of 2023). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (02/Chairman) of 2024, Regarding the Amendment of the Chairman’s Resolution No. (03/Chairman) of 2020 Concerning the Corporate Governance Guide for Public Joint Stock Companies
Amending instrument that changes the Joint Stock Companies Governance Guide (CMA Decision No. 3/Chairman of 2020). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (14/Chairman) of 2024
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No.(04/Chairman) of 2024
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No.(06/Chairman) of 2024
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (15/Chairman) of 2024
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (16/Chairman) of 2024 Amending the Chairman of the Authority’s Board of Directors’ Resolution No. (3/Chairman) of 2020 Concerning Approval of Public Joint Stock Companies Governance Guide
Amending instrument that changes the Joint Stock Companies Governance Guide (CMA Decision No. 3/Chairman of 2020). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (22/Chairman) of 2024 Concerning the Regulation of the Private Offering of Debt Securities, Sukuks and Securitized Financial Instruments
Regulates private offerings of debt securities, sukuk and securitised financial instruments: requirements, CMA notification and approval, issuance outside the State, responsibilities, listing and penalties, with government issuers largely exempt.
Chairman of the Authority’s Board of Directors’ Resolution No. (25/Chairman) of 2024 Concerning the Regulation of a Special Purpose Vehicle (SPV)
Regulates special purpose vehicles incorporated in the State and qualified SPVs incorporated in UAE free zones: classification, permitted nature, application and CMA approval, obligations, liquidation, control and penalties.
Chairman of the Authority’s Board of Directors’ Resolution No. (31/Chairman) of 2024
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (36/Chairman) of 2024
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Circular No. (1/2024) on Contracting with individuals or Unlicensed Entities for soliciting Clients
Warns licensed companies that contracting with individuals or unlicensed companies to solicit clients breaches the licensing rules for introducing activity, and that licensees must contract only with properly licensed firms after due diligence.
Administrative Resolution No. (48/CEO) of 2023 On the Executive Controls of Some Provisions Stipulated in the Regulations Manual of the Financial Activities issued under the Chairman of Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021
Administrative resolution setting executive controls for certain provisions of the Regulations Manual of the Financial Activities issued by Decision No. 13/Chairman of 2021.
Administrative Resolution No.(80/CEO) of 2023
Amending instrument recorded in the amendment notes of the Investment Funds Regulation (CMA Decision No. 1/Chairman of 2023). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Cabinet Resolution No. (139) of 2023 for the Amendments of some Provisions of Cabinet Resolution No. (36) of 2022 regarding the Regulation of the Activity of the Operator of a Crowdfunding Platform
Amending instrument that changes the Crowdfunding Platform Operator Regulation (Cabinet Resolution No. 36 of 2022). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority Board of Directors’ Resolution No. (01/Chairman) of 2023 Concerning the Regulation of Investment Funds
Comprehensive regulation of local investment funds: establishing and licensing public and private funds, fund obligations, unitholder rights, change of fund manager, conversion and expiry, with appendices on offering documents, investment policies by fund type, fund classifications and in-kind share appraisal.
Chairman of the Authority's Board of Directors' Resolution No. (28/Chairman)/2023 on Amending the Chairman of the Authority's Board of Directors' Resolution No. (04/Chairman) of 2023 Concerning Status Regularization Mechanisms to Promote Foreign Fund Units in the State
Amending instrument that changes the Foreign Fund Promotion Status Regularisation (CMA Decision No. 4/Chairman of 2023). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (07/chairman) of 2023 Amending the Authority’s Board of Directors' Resolution No. (11/R) of 2015 Regulations of Clearing Operations in Commodities Markets
Amending instrument that changes the Clearing Operations in Commodities Markets Regulations (CMA Decision No. 11/R of 2015). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (41/Chairman) of 2023
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (02/Chairman) of 2023 Concerning the Amendment of the Regulations Manual of the Financial Activities Approved by the Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021
Amending instrument that changes the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (03/Chairman) of 2023
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (04/Chairman) of 2023 Concerning Status Regularization Mechanisms to Promote Foreign Fund Units in the State
Limits promotion of foreign fund units in the State to private offerings to professional investors and counterparties under the Regulations Manual, and sets the steps existing promoters must take to regularise their status.
Chairman of the Authority’s Board of Directors’ Resolution No. (05/Chairman) of 2023 on the Registration of Securities for Listing
Regulates registration of securities with the Authority as a precondition for listing: registration, renewal and term, effects of registration, deregistration, fees, grievances and administrative penalties.
Chairman of the Authority’s Board of Directors’ Resolution No. (14/Chairman) of 2023 Regarding the Recognition of "Trust Certificate - Gold Product" as a Foreign Security
Recognises the “Trust Certificate – Gold Product” as a foreign security that may be listed and traded on the financial markets licensed in the State.
Chairman of the Authority’s Board of Directors’ Resolution No. (16/Chairman) of 2023 Concerning the Amendment of the Regulations of Function of the Market, Central Deposit and Manual of the Financial Activities (rulebook)
Amending instrument that changes the Central Depository Regulation; Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 19/Chairman of 2018; CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (17/Chairman) of 2023
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (21/Chairman) of 2023 Concerning the Regulation of Green and Sustainability-Related Bonds and Sukuk
Regulates the issuance of green bonds and sukuk and other sustainability-related debt instruments, setting definitions and the requirements issuers must meet.
Chairman of the Authority’s Board of Directors’ Resolution No. (22/Chairman) of 2023 Regarding the Regulation of Securitization Transactions
Regulates securitisation transactions where the originator is a listed company or instruments are offered publicly in the State: true sale of assets, roles of originator, issuer, manager and custodian, approvals, prospectus, subscription, listing, holder assemblies and disclosure.
Chairman of the Authority’s Board of Directors’ Resolution No. (23/Chairman) of 2023
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (26/Chairman) of 2023 Regarding for the Regulation of the Virtual Assets Platform Operator
Chairman decision regulating virtual assets and their service providers, repealed by Decision No. 04/Chairman of 2026 on virtual asset service providers and alternative trading system operators.
Chairman of the Authority’s Board of Directors’ Resolution No. (27/Chairman) of 2023 on the Amendment of the Regulations Manual of the Financial Activities Rule Book Approved by the Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021
Amending instrument that changes the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (29/Chairman) of 2023
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (33/Chairman) of 2023 Concerning the Regulation of “Financial Recommendations"
Chairman decision regulating financial recommendations on social media, repealed by Decision No. 10/Chairman of 2025 on finfluencers.
Chairman of the Authority’s Board of Directors’ Resolution No. (34/Chairman) of 2023
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (35/Chairman) of 2023
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (36/Chairman) of 2023 Amending the Chairman of the Authority’s Board of Directors’ Resolution No. (22/Chairman) of 2016 Concerning the Regulation of the Central Clearing Party (CCP) Business
Amending instrument that changes the Central Clearing Party (CCP) Regulation (CMA Decision No. 22/Chairman of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Circular on Residence by Investment and Citizenship by Investment Schemes
Explains the CRS risk posed by residence-by-investment and citizenship-by-investment schemes and how reporting financial institutions should treat documentation issued under them when determining tax residence.
Common Reporting Standard (CRS) Foreign Account Tax Compliance Act (FATCA) Satisfactory Practices and Unsatisfactory Practices
Presentation on automatic exchange of information in the UAE under CRS and FATCA, summarising the legal basis and reporting cycle and listing satisfactory and unsatisfactory practices observed at reporting financial institutions.
Cabinet Resolution No. (113) of 2022 on Publishing Violations Related to Legislations of the Securities and Commodities Authority and the Licensed Markets
Cabinet resolution allowing publication of violations by listed companies, their directors and managers, market dealers and CMA licensees, setting approval powers, publication mechanism, suspension and cancellation of publication.
Cabinet Resolution No. (36) of 2022 Concerning Regulating Activity of the Crowdfunding Platform Operator
Cabinet resolution regulating crowdfunding in the State, including the free zones: entities barred from raising funds, licensing of platform operators, obligations towards investors and fundraisers, rights of the parties, inspection and sanctions.
Chairman of the Authority's Board of Directors’ Resolution No. (01/Chairman) of 2022 on the Regulations for Special Purpose Acquisition Companies
Regulates special purpose acquisition companies: permitted objects, classification, incorporation, public subscription and listing of shares and warrants, use of proceeds, the business combination, redemption, failure to complete and penalties.
Chairman of the Authority's Board of Directors’ Resolution No. (11/Chairman) of 2022
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (02/Chairman) of 2022
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (08/Chairman) of 2022 Amending Some of the Provisions Regulating the Listing of Commodities, Options Contracts and Future Contracts
Amending instrument that changes the Listing and Trading of Commodities Regulations (CMA Decision No. 157/R of 2005). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (09/Chairman) of 2022 Amending the Regulations Rulebook of the Financial Activities Approved by the Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021
Amending instrument that changes the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (12/Chairman) of 2022
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (18/Chairman) of 2022
Amending instrument recorded in the amendment notes of the Regulations Manual of the Financial Activities (Rulebook) (CMA Decision No. 13/Chairman of 2021). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No.(06/Chairman) of 2022 Amending Some Provisions of Public Joint Stock Companies Governance Guide Approved by the Chairman of the Authority's Board of Directors' Resolution No. (3/Chairman) of 2020
Amending instrument that changes the Joint Stock Companies Governance Guide (CMA Decision No. 3/Chairman of 2020). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No.(15/Chairman) of 2022 Concerning the Controls for Brokerage Companies at the Dubai Gold and Commodities Exchange to practice the Activities of a Derivatives member at Dubai Financial Market
Allows brokerage companies licensed on the Dubai Gold and Commodities Exchange to act as derivatives members of Dubai Financial Market on application to the market under controls approved by the Authority.
Circular on CRS Undocumented Accounts
Explains how reporting financial institutions should report undocumented accounts under the Common Reporting Standard, limited to individual accounts opened before 1 January 2017.
Circular on What Should be Included in CRS Reporting
Explains the data reporting financial institutions must collect and include in Common Reporting Standard reports, such as dates of birth and tax identification details of reportable persons.
Administrative Resolution No. (17/CEO) of 2021 Regarding Amending the Regulation for Complaints Relating to Financial Markets Transactions
Amending instrument that changes the Complaints Regulation (CMA Decision No. 45/CEO of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Administrative Resolution No. (41/CEO) of 2021 Concerning Repealing and Amending Certain Administrative Resolutions
Amending instrument recorded in the amendment notes of the Regulatory Controls for Financial Activities and Services (CMA Decision No. 123/CEO of 2017). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (15/Chairman) of 2021 Amending the Chairman of the Authority's Board of Directors’ Resolution No. (19/Chairman) of 2018 Concerning the Regulation of the Central Depository Activity
Amending instrument that changes the Central Depository Regulation (CMA Decision No. 19/Chairman of 2018). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (02/ Chairman) of 2021 Amending the Chairman of the Authority's Board of Directors’ Resolution No. (22/Chairman) of 2018 Concerning the Regulation of Derivatives Contracts
Amending instrument that changes the Derivatives Contracts Regulation (CMA Decision No. 22/Chairman of 2018). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (03/Chairman) of 2021
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (08/chairman) of 2021 Concerning Amending the Joint Stock Companies Governance Guide
Amending instrument that changes the Joint Stock Companies Governance Guide (CMA Decision No. 3/Chairman of 2020). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (11/Chairman) of 2021
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (13/Chairman) of 2021 on the Regulations Manual of the Financial Activities and Status Regularization Mechanisms Rule Book
Issues the Regulations Manual of the Financial Activities (the CMA rulebook): licensing categories and requirements for financial activities, approved jobs, business conduct, capital adequacy and AML/CFT guidelines, with status regularisation mechanisms for existing licensees.
Chairman of the Authority’s Board of Directors’ Resolution No. (16/chairman) of 2021 Amending the Chairman of the Authority's Board of Directors’ Resolution No. (22/Chairman) of 2016 Concerning the Regulation of the Central Clearing Party (CCP) Business
Amending instrument that changes the Central Clearing Party (CCP) Regulation (CMA Decision No. 22/Chairman of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (19/Chairman) of 2021
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (25/Chairman) of 2021
Amending instrument recorded in the amendment notes of the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Authority’s Board of Directors' Resolution No. (05/R) of 2020 Concerning Suitability and Appropriateness Standards
Board decision on suitability and appropriateness standards for licensed firms, repealed by the Regulations Manual of the Financial Activities issued by Decision No. 13/Chairman of 2021.
Authority’s Board of Directors’ Resolution No. (04/R) of 2020 Amending Authority’s Board of Directors’ Resolution No. (157/R) of 2005 Concerning the Regulations as to Listing and Trading of Commodities and Commodities Contracts
Amending instrument that changes the Listing and Trading of Commodities Regulations (CMA Decision No. 157/R of 2005). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors Resolution No. (21/Chairman) of 2020 Concerning the Common Standards for Tax Reporting
Applies the Common Reporting Standard to entities licensed by the Authority, requiring them to follow the Ministry of Finance’s guiding standards and Cabinet resolution on automatic exchange of information.
Chairman of the Authority's Board of Directors’ Resolution No. (09/Chairman) of 2020 Concerning Amendment of the Chairman of the Authority's Board of Directors’ Resolution No. (37/Chairman) of 2019 on Definition of Qualified Investor
Amends the legal-person limb of the qualified investor definition in Decision No. 37/Chairman of 2019, introducing thresholds of AED 75 million total assets, AED 150 million net annual revenue or AED 7 million equity or paid capital.
Chairman of the Authority's Board of Directors’ Resolution No. (29/Chairman) of 2020 Amending the Chairman of the Authority's Board of Directors’ Resolution No. (20/Chairman) of 2018 Concerning the Issuing or Offering of Islamic Securities
Amending instrument that changes the Islamic Securities Regulation (CMA Decision No. 20/Chairman of 2018). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (3/Chairman) of 2020 Concerning Approval of Joint Stock Companies Governance Guide
Approves the governance guide for joint stock companies: board composition and duties, conflicts of interest, general assemblies, shareholder and stakeholder rights, board committees, risk management, compliance and external audit, governance disclosure, and general assembly organisers.
Chairman of the Authority’s Board of Directors’ Resolution No. (23/Chairman) of 2020 Concerning Crypto Assets Activities Regulations
Chairman decision regulating crypto asset activities, repealed by Decision No. 26/Chairman of 2023 on virtual asset platform operators.
Chairman of the Authority’s Board of Directors’ Resolution No. (24/Chairman) of 2020 Amending Certain Fees due to the Authority
Amending instrument that changes the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (25/chairman) of 2020 Amending some Provisions of The Chairman of the Authority’s Board of Directors’ Resolution No. (11/Chairman) of 2016
Amending instrument that changes the Public Offering of Shares Regulations (CMA Decision No. 11/Chairman of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (26/Chairman) of 2020 on Amending Some Provisions of The Chairman of the Authority’s Board of Directors’ Resolution No.(32/Chairman) of 2018 Concerning the Technical Service Fees Payable to the Authority
Amending instrument that changes the CMA Technical Service Fees (CMA Decision No. 32/Chairman of 2018). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (27/Chairman) of 2020 Amending the Authority’s Board of Directors' Resolution No. (11/R) of 2015 Regulations of Clearing Operations in Commodities Markets
Amending instrument that changes the Clearing Operations in Commodities Markets Regulations (CMA Decision No. 11/R of 2015). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Federal Decree by- Law No. (22) of 2020 Concerning the Distribution of Competencies and Powers between the Securities and Commodities Authority, and the Securities and Commodities Licensed in the State
Transfers operational and executive powers under the Commercial Companies Law and the former SCA law to the licensed securities and commodities markets, while the Authority keeps regulation, monitoring and supervision; kept in force by Federal Decree-Law No. 32 of 2025.
Administrative Resolution No. (05/CEO) of 2019 on Amending Administrative Resolution No. (123/CEO) of 2017 Concerning the Regulatory Controls for Financial Activities and Services
Amending instrument that changes the Regulatory Controls for Financial Activities and Services (CMA Decision No. 123/CEO of 2017). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors' Resolution No. (15/chairman) of 2019 Amending the Authority's Board of Directors' Resolution No. (11/R) of 2015 Regulations of Clearing Operations in Commodities Markets
Amending instrument that changes the Clearing Operations in Commodities Markets Regulations (CMA Decision No. 11/R of 2015). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors' Resolution No. (33/Chairman) of 2019 Concerning Definition of Material Information and its Amendments
Replaces the definition of “material information” in all regulations issued by the Authority with a single definition covering any information, event or decision that may affect a security’s price, trading or investors’ decisions, with an illustrative list.
Chairman of the Authority's Board of Directors’ Resolution No. (21/Chairman) of 2019 Procedures of Anti-money Laundering and Combating the Financing of Terrorism and illegal Organizations
Chairman decision on anti-money laundering and counter-terrorist financing procedures for SCA-licensed entities; listed by the CMA among superseded regulations although its AML overview page still cites it.
Chairman of the Authority's Board of Directors’ Resolution No. (32/Chairman) of 2019 concerning Procedures as to Companies Listed on the Market and that have Accumulated Losses of 20% or more of their Capital
Sets the procedures that apply to companies listed on the market whose accumulated losses reach 20% or more of their capital.
Chairman of the Authority's Board of Directors’ Resolution No. (35/Chairman) of 2019 Concerning Financial Reports on Activities Licensed by the Authority
Amending instrument recorded in the amendment notes of the Listing and Trading of Commodities Regulations (CMA Decision No. 157/R of 2005). The CMA has consolidated its changes into that text and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (37/Chairman) of 2019 Concerning Definition of "Qualified Investor"
Replaces the definition of “qualified investor” in all regulations issued by the Authority, listing the government bodies, institutions and persons that may manage their own investments, unless they opt to be treated as ordinary investors.
Chairman of the Authority’s Board of Directors’ Resolution No. (06/Chairman) of 2019 Concerning Amendment of the Chairman of the Authority’s Board of Directors’ Resolution No. (11/Chairman) of 2016
Amending instrument that changes the Public Offering of Shares Regulations (CMA Decision No. 11/Chairman of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (27/Chairman) of 2019 on Amending the Chairman of the Authority’s Board of Directors’ Resolution No. (11/Chairman) of 2016
Amending instrument that changes the Public Offering of Shares Regulations (CMA Decision No. 11/Chairman of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Administrative Resolution No. (72/CEO) of 2018 Amending Administrative Resolution No. (45/CEO) of 2016 Concerning Regulation for Complaints Relating to Financial Markets Transactions
Amending instrument that changes the Complaints Regulation (CMA Decision No. 45/CEO of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (12/Chairman) of 2018 Concerning the XBRL
Requires securities brokerage firms and the managers or boards of UAE mutual funds to make their disclosures to the Authority using XBRL, lets other regulated entities file the same way, and applies penalties for non-compliance.
Chairman of the Authority's Board of Directors’ Resolution No. (18/Chairman) of 2018 Concerning the Regulations as to Licensing Credit Rating Agencies
Chairman decision on licensing credit rating agencies, now listed by the CMA among superseded regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (19/Chairman) of 2018 Concerning the Regulation of the Central Depository Activity
Regulates the central depository activity: no person may carry it on without a licence, licence term and discontinuation, the depository centre’s functions and obligations, complaints and the Authority’s supervision.
Chairman of the Authority's Board of Directors’ Resolution No. (20/Chairman) of 2018 Concerning the Issuing or Offering of Islamic Securities
Regulates the issuing and offering of Islamic securities by local and foreign issuers in the State, including the appointment and functions of the Shariah supervisory committee and issuer obligations.
Chairman of the Authority's Board of Directors’ Resolution No. (22/Chairman) of 2018 Concerning the Regulation of Derivatives Contracts
Regulates derivatives contracts traded in the State, the obligations of entities dealing in them and the powers of the Authority and the market, with a fees and commissions annex.
Chairman of the Authority's Board of Directors’ Resolution No. (32/Chairman) of 2018 concerning the Technical Service Fees Payable to the Authority
Sets the technical service fees payable to the Authority for licensing, registration and other services, in an annexed fee table amended many times since 2018.
Chairman of the Authority’s Board of Directors’ Resolution No. (28/Chairman) of 2018 Approving the Fintech Regulatory Framework (Fintech Regulatory Sandbox Guidelines)
Approves the Fintech Regulatory Framework (Fintech Regulatory Sandbox Guidelines) setting how innovators can test financial technology products under the Authority’s supervision.
Administrative Resolution No. (123/CEO) of 2017 Concerning the Regulatory Controls for Financial Activities and Services
Administrative resolution setting regulatory controls for licensed financial activities and services, with an attachment and bases for evaluation added by later amendments.
Cabinet Resolution No. (21) of 2017 Concerning the Fees for Some Services Provided by the Securities and Commodities Authority
Cabinet resolution setting fees for certain services provided by the Securities and Commodities Authority, with administrative provisions, grievance and amendment rules and an annexed fee table.
Chairman of the Authority's Board of Directors' Resolution No. (22/chairman) of 2017 Amending the Regulation for Issuing and Offering Shares of Public Joint Stock Companies
Amending instrument that changes the Public Offering of Shares Regulations (CMA Decision No. 11/Chairman of 2016). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority's Board of Directors' Resolution No. (30/Chairman) of 2017 Concerning the Cancellation of Application for Temporary Suspension of Practicing Any Activities Licensed by the Authority
Cancels all provisions in the Authority’s regulations and decisions that allowed a licensed party to apply for temporary suspension of a licensed activity at its own request.
Chairman of the Authority's Board of Directors’ Resolution No. (18/Chairman) of 2017 Concerning the Rules of Acquisition and Merger of Public Joint Stock Companies
Sets the rules, conditions and procedures for acquisitions of public joint stock companies, including types of acquisition, executive procedures and disclosure, and the procedures for mergers of public shareholding companies.
Chairman of the Authority’s Board of Directors’ Resolution No. (03/Chairman) of 2017 Concerning the Organization of Promotion and Introduction
Chairman decision organising the promotion and introduction of financial products, now listed by the CMA among superseded regulations.
Administrative Resolution No. (45/CEO) of 2016 Concerning Regulation for Complaints Relating to Financial Markets Transactions
Administrative resolution regulating complaints relating to financial market transactions: who may file, form and registration of complaints, handling by the Authority and the applicable procedure.
Administrative Resolution No. (46/CEO) of 2016 concerning the Regulation for Grievances against Resolutions Relating to Capital Markets Transactions
Administrative resolution regulating grievances against resolutions relating to capital market transactions, including the grievance committee and its procedure.
Chairman of the Authority's Board of Directors’ Resolution No. (09/Chairman) of 2016 Concerning the Regulations as to Investment Funds
Chairman decision regulating investment funds from 2016, replaced by the Investment Funds Regulation issued by Decision No. 01/Chairman of 2023 and now listed by the CMA among superseded regulations.
Chairman of the Authority's Board of Directors’ Resolution No. (7/R.M) of 2016 Concerning the Institutional Discipline and Governance of Public Joint Stock Companies Standards
Chairman decision setting institutional discipline and governance standards for public joint stock companies, now listed by the CMA among superseded regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (11/Chairman) of 2016 on the Regulations for Issuing and Offering Shares of Public Joint Stock Companies
Regulates offerings of shares by public joint stock companies: initial offerings and capital increases, the offering application and prospectus, book-building, parties to the offering, other capital increase mechanisms, offers by foreign and free zone companies, and penalties.
Chairman of the Authority’s Board of Directors’ Resolution No. (15/Chairman) of 2016 Amending some Provisions of the Authority’s Board of Directors' Resolution No. (11/R) of 2015 Regulations of Clearing Operations in Commodities Markets
Amending instrument that changes the Clearing Operations in Commodities Markets Regulations (CMA Decision No. 11/R of 2015). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Chairman of the Authority’s Board of Directors’ Resolution No. (22/Chairman) of 2016 Concerning the Regulation of the Central Clearing Party (CCP) Business
Regulates central clearing counterparty business: licensing of CCPs, how a CCP functions, its obligations, and the CMA’s control, inspection and penalty powers over it.
Authority's Board of Directors' Resolution No. (39/R) of 2015 Amending Some Provisions of The Authority's Board of Directors' Resolution No. (11/R) of 2015 Regulations of Clearing Operations in Commodities Markets
Amending instrument that changes the Clearing Operations in Commodities Markets Regulations (CMA Decision No. 11/R of 2015). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Authority’s Board of Directors' Resolution No. (11/R) of 2015 Regulations of Clearing Operations in Commodities Markets
Sets the rules for clearing operations in licensed commodities markets, covering the clearing entity and its members, clearing procedures and obligations, and the Authority’s supervision and penalties.
Authority’s Board of Directors' Resolution No. (25/R) of 2015 Concerning the Registration of Auditors of Public Shareholding Companies and Mutual Funds
Establishes the register of audit firms permitted to audit public shareholding companies and mutual funds, with conditions, appeals, notification duties and revocation of registration.
Authority’s Board of Directors’ Resolution No. (14/R) of 2015 Concerning the Amendment of the Fees Due to the Authority Concerning the Dubai Gold and Commodities Exchange
Amends the fees due to the Authority in relation to the Dubai Gold and Commodities Exchange.
Authority’s Board of Directors' Resolution No. (27/R) of 2014 Concerning Brokerage in Securities
Board regulation on brokerage in securities, amended several times and now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No (16/R) of 2014 Concerning the Regulation of Sukuk
Regulates the issuance, offering and listing of sukuk by obligors in the State: approval applications, register of sukuk, listing decisions, obligor obligations and the Authority’s powers.
Authority’s Board of Directors’ Resolution No (17/R) of 2014 Concerning the Regulations of Debt Securities
Regulates the issuance of debt securities in the State and their listing on the market, excluding government debt: conditions, procedures, offering documents, listing, trading, continuing disclosure, suspension and cancellation.
Authority’s Board of Directors’ Resolution No (32/R) of 2014 Concerning Depository Receipts
Regulates the issuance and listing of depository receipts representing foreign securities, the role of the depository and the persons managing the programme, and the Authority’s power to cancel listings.
Authority’s Board of Directors’ Resolution No. (01/R) of 2014 Concerning the Regulation for Investment Management
Board regulation on investment management, repealed by the Regulations Manual of the Financial Activities issued by Decision No. 13/Chairman of 2021.
Authority’s Board of Directors’ Resolution No. (02/R) of 2014 Concerning the Regulations on Covered Warrants
Regulates covered warrants: licensing of issuers, licence duration, issuer obligations and disclosure, the cases in which the Authority approves an issuance, listing and trading, settlement and sanctions.
Authority’s Board of Directors’ Resolution No. (4/R) of 2014 Concerning the Amendment of Certain Fees Due to the Authority Concerning the Dubai Gold and Commodities Exchange
Amends certain fees due to the Authority in relation to the Dubai Gold and Commodities Exchange.
Authority’s Board of Directors' Resolution No. (47/R) of 2012 Concerning Lending and Borrowing Securities
Board regulation on lending and borrowing of securities, amended in 2014 and 2015 and now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No. (46/R) of 2012 Concerning the Regulations as to Market Makers
Board regulations on market makers, amended in 2014 and now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No. (56/R) of 2012 Concerning the Amendment of the Regulations as to Listing and Trading of Commodities and Commodities Contracts
Amending instrument that changes the Listing and Trading of Commodities Regulations (CMA Decision No. 157/R of 2005). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Authority’s Board of Directors’ Resolution no. (48/R) of 2012 Concerning the Regulations as to Short Selling of Securities
Board regulations on short selling of securities, now listed by the CMA among superseded regulations.
Chairman of the Authority’s Board of Directors' Resolution No. (29/Chairman) of 2009 Concerning the Regulation of Securities Custody Activities
Chairman decision regulating securities custody activity, now listed by the CMA among superseded regulations.
Authority’s Board of Directors' Resolution No. (25/R) of 2008 Concerning the Margin Trading
Board regulation of margin trading by brokerage firms, amended several times and now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No. (48/R) of 2008 Concerning the Financial Consultancy and Financial Analysis
Board regulation on financial consultancy and financial analysis activities, amended several times and now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No. (157/R) of 2005 Concerning the Regulations as to Listing and Trading of Commodities and Commodities Contracts
Regulates the listing and trading of commodities and commodity contracts on licensed commodities markets, including the obligations and financial reporting of licensed members.
Cabinet Resolution No. (15) of 2004 on Amending the Cabinet Resolution No. (11) of 2000 Concerning the Regulations as to Market Licensing and Supervision
Amending instrument that changes the Market Licensing and Supervision Regulations (Cabinet Resolution No. 11 of 2000). The CMA has consolidated its changes into the current text of the amended regulation and keeps this instrument in its archive of amending regulations.
Authority’s Board of Directors’ Resolution No. (2/R) of 2001 Concerning the Regulations as to Trading, Clearing, Settlement, Transfer of Ownership and Custody of Securities
Board regulations on trading, clearing, settlement, transfer of ownership and custody of securities, amended many times and now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No. (3/R) of 2001 Concerning The Regulations as to the Functioning of the Market
Board regulations on the functioning of the market, now listed by the CMA among superseded regulations.
Authority’s Board of Directors’ Resolution No. (3/R) of 2000 Concerning the Regulations as to Disclosure and Transparency
Board regulations on disclosure and transparency for listed companies and insiders, amended many times and now listed by the CMA among superseded regulations.
Cabinet Resolution No. (11) of 2000 Concerning the Regulations as to Market Licensing and Supervision
Cabinet regulations requiring every securities and commodities market to be licensed by the Authority, setting the licensing conditions (local public establishment, electronic link to other markets), the documents and declarations required of market directors and managers, and supervision of licensed markets.
Cabinet Resolution No. (12) of 2000 Concerning the Regulations as to the Listing of Securities and Commodities
Cabinet regulations on the listing of securities and commodities on licensed markets, now listed by the CMA among superseded regulations.
Federal Law No. (4) of 2000 concerning the Emirates Securities and Commodities Authority and Market
Former federal law establishing the Emirates Securities and Commodities Authority and Market and regulating licensing, listing, trading and disclosure in the securities markets; repealed by Article 29 of Federal Decree-Law No. 32 of 2025 from 1 January 2026.
Exchange Services Rulebook
Activity rulebook for Exchange Services: additional Board requirements, policies and disclosures, trading venue participants, market surveillance, trading systems continuity and settlement, margin trading and exchange-traded derivative services. Current version effective 31 March 2026, replacing versions of February 2023 and May 2025.
Broker-Dealer Services Rulebook
Activity rulebook for Broker-Dealer Services: policies and disclosures, best execution, dealing as principal, advisory services, margin trading rules and licensed distribution services for Category 2 VA issuances. Current version effective 19 June 2025 (first version February 2023).
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