Securities & Commodities Authority adopts new e-services

By Rajive Singh

ABU DHABI 8 May 2019: A new electronic services system for the Securities and Commodities Authority (SCA), has been launched by Sultan bin Saeed Al Mansouri, Minister of Economy and SCA Chairman.

The system aims to improve SCA’s internal procedures and serve its clients, including brokers, investment funds, investors, financial services companies and the securities and commodities market.

SCA will also launch a new range of e-services, which will cover specialist training, professional testing and enforcement, issuance and registration, market supervision and compliance.

Al Mansouri told Wam that employing smart applications to improve the SCA’s services is a strategic priority of its board while noting that the new system will be automated and the public and other customers will be linked to the services through smart devices.

The new system is being implemented as part of the UAE Vision 2021 and the country’s strategic plan, he further added while pointing out that the SCA aims to provide innovative automated services that are easy to access.

Dubai Gazette