Mohammed Bin Rashid issues decision on SCA's fees

10.08.2017

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued a Cabinet decision no. 21 for 2017 on the fees of some services provided by the Securities and Commodities Authority (SCA).

The decision, which was published in the recent issue of the Official Gazette, also outlined the fines to be incurred in case the services have not been implemented within the time set for them.

According to the decision, grievances may be submitted to SCA’s Grievance Committee within 30 days from the date of notification and a decision on such grievance should be made within 30 days from the date of submission and as per the procedures observed by SCA.