UAE's Securities And Commodities Authority Is Elected Member Of The Steering Committee Of The IOSCO MMoU Monitoring Group

The Securities and Commodities Authority (SCA) won membership in the Steering Committee of the MMoU Monitoring Group as a representative of the Africa/Middle East Regional Committee (AMERC), which is constituted by the International Organization of Securities Commissions (IOSCO), in recognition of its outstanding efforts in putting into effect the terms of the MMoU to which all IOSCO members are signatories.

In a letter to AMERC members, Paul Andrews, Secretary General of IOSCO, explained that SCA has been selected after winning the electronic voting conducted by the Steering Committee. It was selected among the best in the region to put into effect the MMoU terms.