Meeting under the presidency of H.E. Sultan Al- Mansoori
The Board of Directors of the SCA
Approves the Public and Limited Partnership Fund
Amending the Regulations of Financial Consultations, Financial Analysis, Investment management and listing of foreign companies
Approves the initiative of the Emirates Youth Council for future economy
Reviews the SCA’s future foresight plan an initiative to qualify the HCT students to work in the local financial markets
Reviews the updates to the National Financial Markets Investor Awareness Project
As part of the SCA’s endeavor to develop the array of activities and financial services associated with the UAE securities sector to live up to the best international standards and practices, the SCA’s Board of Directors approved a package of decisions toward contributing in developing the performance of the financial markets in the UAE, including the regulations concerning the Public and Limited Partnership Fund, amendment of a range of regulations of the SCA, the SCA’s initiative concerning the formation of the Emirates Youth Council for the Future Economy, the SCA’s plan for the future foresight, and the cooperation between the SCA and the Higher Colleges of Technology.
The Board reviewed a report on the measures proposed to improve the Emiratization rate in the licensed companies and the measures adopted by the SCA concerning the project of design and programming of an information system to develop applications for the technical departments.
The Board further reviewed the report of the International Monetary Fund staff, the developments of the National Investor Awareness Project, and the report on the SCA’s achievements in the area of international relations.