In line with its pivotal role in enhancing transparency and protecting investor rights, the Securities and Commodities Authority (SCA), through amicable settlements, successfully recovered AED 4.1 million in favor of investors during 2024. This achievement is the result of the SCA's relentless efforts in facilitating amicable settlements and effectively utilizing the service of complaint related to capital market transactions via its official website.
This achievement reflects the SCA's strategic commitment to protecting investor rights and enhancing the transparency and integrity of financial markets in the UAE. In this regard, His Excellency Walid Al Awadhi, Chief Executive of the SCA, stated: "The SCA's success in recovering such substantial amounts, reaffirms our unwavering commitment to protecting investors and strengthening confidence in the financial markets through our effective mechanisms for dispute resolution, ensuring the rights of all parties and participants."
Al Awadhi further added: “The service for submitting complaints related to financial market transactions is a crucial tool in ensuring justice and responding swiftly to investor concerns. This service, along with our efforts made through amicable settlements, forms a significant pillar in our role to protect investors and enhance market stability.
This achievement highlights the efficiency and agility of the SCA’s regulatory framework and its ability to respond to various challenges in the financial markets by taking decisive measures against unethical practices. The SCA remains committed to continuously enhancing its services and mechanisms to ensure a safe and transparent investment environment. It also encourages all investors to utilize its capital market transactions complaint service, where needed, through its website
