AML & Compliance Beginner

SCA (Securities and Commodities Authority — UAE)

💡 In plain English: The UAE regulator for investment firms, brokers, and fund managers — equivalent to SEBI in India.

Definition

The Securities and Commodities Authority (SCA) is the UAE federal regulator for capital markets, overseeing investment advisers, brokers, fund managers, and exchanges. It supervises AML/CFT compliance in the securities sector.

📌 Real-World Example

A UAE-based investment advisory firm must register with the SCA and implement a full AML programme including KYC, transaction monitoring, and SAR filing.

Related Terms

AML (Anti-Money Laundering)
The rules and systems banks use to stop criminals turning illegal...
KYC (Know Your Customer)
The process banks use to verify who you are, what you do, and...
FATF (Financial Action Task Force)
The global body that sets the international rules for fighting...
CBUAE (Central Bank of UAE)
The UAE's central bank and primary regulator for banks, exchange...
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⚠️ Educational Content: All definitions and examples on this page are for educational and consultancy reference purposes only. They do not constitute financial, legal, or investment advice. Moneykar is not registered with SEBI, CBUAE, SCA, or any financial regulator. Consult a qualified professional before making financial decisions.

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