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Wednesday, 16 September 2026 Dubai · GST
UAE, UNFILTERED
R
ROBIUS / REGULATORY RECORD

UAE Capital Market Authority and Capital Market Reform

UAE Federal Government; Capital Market Authority (CMA)

In effectFresh
Last independently checkedAugust 2, 2026Checked 44 days ago.
THE ROBIUS VIEW

Major change

This is a foundational change to the UAE mainland capital-market framework, not merely a regulator rebrand. For Robius, the immediate consequence is that broker, fund, issuer and trading claims should be checked against the CMA and current implementing rules, while older resolutions may continue where they do not conflict.

DECISION BRIEF

What this record means

A concise reading of the structured evidence, written for practical decision-making.

01
Why it matters

This is a foundational change to the UAE mainland capital-market framework, not merely a regulator rebrand. For Robius, the immediate consequence is that broker, fund, issuer and trading claims should be checked against the CMA and current implementing rules, while older resolutions may continue where they do not conflict.

02
Who is affected

Licensed persons, markets, issuers, investment funds, approved persons and others carrying out or promoting capital-market financial activities in the UAE mainland framework. The law also covers certain persons targeting clients in the UAE, while financial free zones remain outside the CMA’s direct jurisdiction.

03
What action may be required

Update references from SCA to CMA; verify firms and permissions through current CMA sources; review licenses, disclosures, policies, agreements and marketing that rely on the previous framework; and determine whether the entity must regularize its status during the statutory transition period.

Evidence strengthStrong

The assessment is supported by official or independently corroborated evidence.

Last checkedAugust 2, 2026
Next reviewSeptember 16, 2026
EVIDENCE CHECK

How the assessment is supported

  • Primary evidence linked1 official source is attached.
  • Freshness checkChecked 44 days ago.
  • Editorial publication gateThis public version passed the system publication requirements.
  • Material changes preservedNo material update has been recorded after the baseline.
RELATIONSHIP INTELLIGENCE

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REGULATORY RECORD

What the rule currently means

Officially confirmed

Record type

Law or decree-law

Jurisdiction

UAE mainland

Affected sector

Securities and trading

Regulatory stage

Effective

Published or announced

January 2, 2026

Effective date

January 1, 2026

Who is affected

Licensed persons, markets, issuers, investment funds, approved persons and others carrying out or promoting capital-market financial activities in the UAE mainland framework. The law also covers certain persons targeting clients in the UAE, while financial free zones remain outside the CMA’s direct jurisdiction.

What changes

Federal Decree-Law No. 32 of 2025 establishes the Capital Market Authority as the legal successor to the Securities and Commodities Authority and replaces references to the former authority. Federal Decree-Law No. 33 of 2025 creates the new capital-market framework, defines regulated financial activities and preserves earlier resolutions to the extent they do not conflict with the new legislation.

What readers or companies should do

Update references from SCA to CMA; verify firms and permissions through current CMA sources; review licenses, disclosures, policies, agreements and marketing that rely on the previous framework; and determine whether the entity must regularize its status during the statutory transition period.

Penalties, risks, or consequences

Failure to hold the required license, approval, registration or accreditation, or failure to comply with the new framework, may expose an entity or person to supervisory, administrative or enforcement measures under the capital-market legislation. The exact consequence depends on the activity and facts and should be checked against current CMA rules and guidance.

OFFICIAL SOURCE

Read the authority record

Robius summaries explain practical consequences but do not replace the official law, rulebook, decision, circular, or consultation document.

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RECORD HISTORY

How this intelligence evolved

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  1. Public baseline
    Published record

    The first verified public version was established.

    Later material edits appear above this baseline. Routine formatting changes are not shown.

Editorial note

Regulatory status, effective dates, and compliance obligations can change. Robius records the official source and verification date, but readers should confirm the current authority text before acting.