Tue 07-05-2019 18:07 PM
ABU DHABI, 7th May, 2019 (WAM) — Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Securities and Commodities Authority, SCA, launched a new electronic services system for the Authority.
The system aims to improve the SCA’s internal procedures and serve its clients, including brokers, investment funds, investors, financial services companies and the securities and commodities market.
SCA will also launch a new range of e-services, which will cover specialist training, professional testing and enforcement, issuance and registration, market supervision and compliance.
Al Mansouri said that employing smart applications to improve the SCA’s services is a strategic priority of its board while noting that the new system will be automated and the public and other customers will be linked to the services through smart devices.
He added the new system will achieve the vision of the country’s leadership to develop a comprehensive electronic infrastructure for all government authorities, which will reinforce of the UAE’s international ranking in government services competitiveness indexes.
The new system is being implemented as part of the UAE Vision 2021 and the country’s strategic plan, he further added while pointing out that the SCA aims to provide innovative automated services that are easy to access.