The Emirates Securities and Commodities Authority (SCA) said Saturday that it will fine-tune the stock market regulation to bring it in line with the latest practices of international financial markets.
"The SCA continues to develop a number of rules and regulations to boost the legislative infrastructure of the UAE's financial market sector, while on the other hand, it continues to organise awareness and counselling campaigns to serve the interest of all stakeholders and concerned parties in that sector," the SCA said in a statement yesterday.
Abdullah Al Turifi, SCA Chief Executive Officer, said the SCA was striving to develop further the legislative system of the UAE's financial market and had input some necessary amendments into the rules and regulations to strengthen the legislation further to raise them to the level of those of the international markets.
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