UAE regulator enhances access to capital market frameworks

The new rules and reforms are designed to provide stakeholders with greater clarity when accessing global capital markets..

The UAE Capital Market Authority has introduced a whole series of new rules and reforms designed to improve and enhance access.

The capital market regulatory framework has been overhauled as part of the UAE’s broader efforts to strengthen the regulatory environment and adopt international best practices in the presentation of regulatory information.

The enhanced access mechanisms provide stakeholders with greater clarity and ease in accessing and navigating, in both Arabic and English, the regulation governing the Authority and the capital markets.

The content has been reorganised into clearly defined chapters and categories, providing a structured presentation of regulations currently in force, approved updates, repealed provisions, archived materials, and version history.

The reorganisation being implemented by the UAE Capital Market Authority enables users to gain a comprehensive and clear view of the current regulatory and regulatory landscape.

In addition to this, it will also providing insight into its evolution over time.

These enhancements are designed to enable investors, licensed entities, issuers, financial influencers, participants in the regulatory sandbox, and other market stakeholders, both within the UAE and internationally, to more readily understand the regulatory framework governing capital market activities, products, and services.

H.E. Waleed Saeed Al Awadhi, Chief Executive Officer of the Capital Market Authority, said that the transformative initiative undertaken by the Authority is focused on building a regulatory environment that facilitates stakeholders’ access to regulatory frameworks.

“By improving the way regulatory frameworks are accessed, presented, and updated, we are making it easier for stakeholders to understand the frameworks governing the capital market, while further enhancing transparency, efficiency, and confidence,” said Al Awadhi.

Abdullatif Alshamsi, Director of the Policies and Legislation Department at the Capital Market Authority, outlined how accessible regulation is important to enable stakeholders to understand the regulatory framework that applies to their activities.

“By bringing current regulations together with related decisions, and updates, the enhancements provide a more consistent and accessible reference for stakeholders,” said Alshamsi.

The enhanced access mechanisms are also supported by a cloud-based, AI-ready technology infrastructure, reinforcing the Authority’s broader digital transformation efforts and establishing a more robust foundation for the future application of technology to regulatory information search and retrieval.