Emirates Securities and Commodities Authority
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| Emirates Securities and Commodities Authority | |
| Founded | 2000 |
|---|---|
| Headquarters | Abu Dhabi, United Arab Emirates |
| Key People | Sheikha Lubna Khalid Al Qasimi, Chairperson; Abdullah Salem Al-Turafi, Chief Executive Officer |
| Employees | 58 |
| Products | Regulatory and licensing body responsible for market integrity and transparency |
| Web site | http://www.sca.ae/english |
The Emirates Securities and Commodities Authority (ESCA) is the governmental entity responsible for ensuring integrity and transparency in the financial markets of the United Arab Emirates.
Contents |
Organization and Purpose
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ESCA's primary objective [1] is to provide investors in the UAE with an opportunity to invest in securities and commodities in a manner that serves the interest of the national economy.
The markets that ESCA regulates include: the Dubai Financial Market, the Abu Dhabi Securities Market and the Dubai Gold & Commodities Exchange.
ESCA is managed by a five-member board of directors and chaired by the Minister of Economy and Planning.[2] currently serves as chairperson.
ESCA is a member of the International Organization of Securities Commissions. [3]
Key People
- Chairman, Sheikha Lubna Bint Khaled Al Qassimi
- Chief Executive Officer, Abdullah Salim Al Turaifi
History
ESCA was established by the president of the United Arab Emirates on Jan. 29, 2000 in accordance with Federal Law No. 4.[4]
References
- ↑ Goals. Emirates Securities and Commodities Authority. Retrieved on January 24, 2008.
- ↑ Biography. UAE-US Relations Web site. Retrieved on January 24, 2008.
- ↑ Ordinary Members. IOSCO. Retrieved on January 24, 3008.
- ↑ Federal Law No. 4. Emirates Securities and Commodities Authority. Retrieved on January 23, 2008.
