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.
UAE Capital Market Authority and Capital Market Reform
UAE Federal Government; Capital Market Authority (CMA)
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.
What this record means
A concise reading of the structured evidence, written for practical decision-making.
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.
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.
The assessment is supported by official or independently corroborated evidence.
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.
How this record connects
Explore editorially mapped links, inbound connections and clearly labelled context derived from the published record.
What the rule currently means
Officially confirmed
Law or decree-law
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.
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How this intelligence evolved
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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.
