Law or decree-law
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 0 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.
REGULATORY RECORD
What the rule currently means
Officially confirmed
UAE mainland
Securities and trading
Effective
January 2, 2026
January 1, 2026
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.
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.
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.
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.
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.