The UAE is moving to reveal the names of stock market rule breakers

Dubai Vice President, Prime Minister and Ruler Sheikh Mohammed bin Rashid Al Maktoum said in a tweet on Twitter today, Monday, that the UAE will reveal the names of the violators of the stock market rules.

He added that the names will be announced along with details of the violations committed. She did not specify whether she was referring to individuals, entities or both.

Al Maktoum said: “Today we approved in Council of Ministers a decision permitting the publication of the names of violators of our capital market regulations and those of the Securities and Commodities Authority … publishing the facts of these violations … the goal is to raise investment awareness, protect our financial markets, discourage violators and ensure the protection of all investors. “

This step comes when the UAE Cabinet, following today’s meeting, announced a reform package that includes the establishment of an Emirate of Dubai Public Debt Management Office and a decision that includes the federal state. to introduce unemployment insurance.

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