SCA UAE Securities & Commodities Law

Question 1

What is the primary federal law governing the UAE securities market?

Accepted Answer

Federal Law No. 4/2000

Answer

Federal Law No. 2/2015

Answer

Federal Law No. 8/1984

Answer

Federal Law No. 6/2007

Question 2

Which authority was established by Federal Law No. 4/2000?

Accepted Answer

Emirates Securities and Commodities Authority (SCA)

Answer

UAE Central Bank

Answer

Abu Dhabi Global Market

Answer

Dubai Financial Services Authority

Question 3

What is the main objective of the SCA under Federal Law No. 4/2000?

Accepted Answer

To regulate and develop the securities and commodities markets in the UAE

Answer

To collect taxes on securities transactions

Answer

To manage government investments only

Answer

To provide loans to listed companies

Question 4

Under UAE law, which entities are subject to SCA regulation?

Accepted Answer

Companies listed on UAE exchanges, brokers, and investment service providers

Answer

Only foreign companies listed in the UAE

Answer

Only banks and insurance companies

Answer

Only government-owned entities

Question 5

What is the SCA's role regarding public offerings of securities in the UAE?

Accepted Answer

The SCA must approve and license all public offerings of securities

Answer

The SCA has no role in public offerings

Answer

Companies can freely issue securities without SCA approval

Answer

The SCA only regulates offerings above AED 100 million

Question 6

Which year was Federal Law No. 4/2000 substantially amended by Federal Law No. 4/2002?

Accepted Answer

2002

Answer

2000

Answer

2005

Answer

2010