Regulyx Regulyx

Regulator

Capital Market Authority (CMA)

The Capital Market Authority is the federal regulator of securities and capital-market activities in the UAE. It was formerly the Securities and Commodities Authority, and its website still uses the sca.gov.ae address.

JurisdictionFederal. Onshore securities, commodities and capital-market activities. The two financial free zones have their own regulators for activities conducted within them.
Established byFederal Decree-Law No. 32 of 2025, which the UAE Government portal cites for the Authority's current role and responsibilities. [Regulyx to confirm the commencement date and the Authority's exact English name on sca.gov.ae before publication.]
What it doesLicenses financial activities onshore, supervises licensed firms and the markets, and publishes warnings about entities operating without a licence.
How it licensesThe Authority's financial-activity licensing service lists the requirements an applicant must meet, including financial eligibility, experience and integrity, a feasibility study and adequate resources, and the suitability of partners, board members and senior management. The application runs in phases, with a separate licensing phase and its own document list.
Check a firmThe Authority's site lists licensed entities and publishes warnings. It urges investors to verify the licensing status of any entity before entering into agreements or transferring funds.

The licensing requirements and the phased application are described on the Authority's financial-activity licensing page. Guidance CMA: Financial activity licences

Lyx places onshore securities, brokerage, investment-management, fund-distribution and related activities under the Capital Market Authority, and says where the Central Bank is involved instead or as well.