Updated weekly · Last update: 9 November 2026 · Regulatory Gate · Data from the Capital Market Authority's website
See all five: UAE regulator tracker
Short answer. The UAE Capital Market Authority (CMA) has listed no new resolution on its legislation page since 23 July 2026. The latest change to take effect is a fee resolution, in force from 1 September 2026. The CMA register lists 339 active licensed companies on 9 November 2026. Eighty-five show 2026 as their year, and four hold virtual asset activities.
The CMA was previously called the Securities and Commodities Authority (SCA). Its new laws took effect on 1 January 2026.
Latest regulatory updates
From 1 August to 9 November 2026. Most recent first.
| Date | Type | Update and who it affects | Link |
|---|---|---|---|
| 3 Nov 2026 | Public warning | Warned investors against PUG Marketing Management Co. LLC (Dubai). The CMA says it is not licensed for regulated financial activities. | Warnings |
| 30 Oct 2026 | Consultation closed | The CMA's survey on the Virtual Assets Regulatory Framework closed. It concerns firms under the new virtual asset rules. | Consultations |
| 26 Oct 2026 | Supervision figures | Nine-month results for 2026. Licensed companies rose 43% year on year. Financial penalties totalled AED 12.9 million, and their number rose 246%. Warnings issued rose 767%. About AED 1.2 billion was refunded to clients. | CMA news |
| Oct 2026 | Public warnings | Six warnings against unlicensed entities: HOXTON FX LTD (Dubai representative office, 28 Oct); Faraz Financial Services PTY Limited and PAY2ASSIST DYNAMICS CONSULTANCY FZCO (22 Oct); Altera Investment in Commercial Enterprises and Management Co. L.L.C. (19 Oct); Neolin Capital Market Ltd, Neolin Marketing Management Est and an individual (14 Oct); Dinar Marketing Management (13 Oct); RADHIKA FINANCIAL MARKET L.L.C and Radhika Capital Markets (2 Oct). | Warnings |
| 14 Oct 2026 | Rulebook | The CMA relaunched its legislation page. It groups regulations in force, approved updates, repealed provisions and archived material, with version history, in Arabic and English. Firms can check current requirements there. | CMA news |
| Sep 2026 | Public warnings | Two warnings: JKV GLOBAL CAPITAL MARKET SERVICES LTD, JKV GLOBAL MARKETING MANAGEMENT CO L.L.C and JKV GLOBAL MARKET FZE (28 Sep); Qanat Al Amel Call Centers Services L.L.C (15 Sep). | Warnings |
| 1 Sep 2026 | Fees | Resolution No. (18/Chairman) of 2026 took effect. It adds fees, including AED 75,000 to approve a share offering prospectus and AED 30,000 to license credit rating activity. It removes some fees, including approval of a licensed company's address change and of its promotional campaigns. | Resolution 18/2026 |
| Aug 2026 | Public warnings | Five warnings: MAS CAP FOR INVESTMENT IN COMMERCIAL ENTERPRISES & MANAGEMENT L.L.C. (3 Aug); Trade EU Global (11 Aug); Zetta Capital Ltd (18 Aug); two more on 31 Aug, one naming an individual. | Warnings |
Penalties on the register. The CMA's violations list shows 10 financial penalties decided from January to June 2026. They total AED 2.8 million. Seven were on firms and three on individuals.
| Decision date | Firm | Penalty |
|---|---|---|
| 1 Jun 2026 | GTC Financial Consultancy L.L.C | AED 1,000,000 |
| 5 May 2026 | GODO INTRODUCTION FINANCIAL SERVICES L.L.C | AED 200,000 |
| 26 Apr 2026 | Direct TT for Financial Consulting | AED 100,000 |
| 24 Apr 2026 | MH Markets Financial Services | AED 500,000 |
| 22 Apr 2026 | TATTVAM CAPITAL SECURITIES L.L.C | AED 500,000 |
| 24 Feb 2026 | Alpha Capital | AED 100,000 |
| 11 Feb 2026 | ATFX MENA FINANCIAL SERVICES L.L.C | AED 100,000 |
Source: Violations and Violators.
Earlier in 2026, still shaping compliance work.
- 25 Jun 2026. Resolution No. (16/Chairman) of 2026 lets entities licensed by the Central Bank, except insurance companies, carry on the virtual asset activities in Resolution No. (04/Chairman) of 2026. Resolution 16/2026
- 13 Jun 2026. Resolution No. (13/Chairman) of 2026 took effect. It amends the brokers' financing agreement condition in the Regulations Manual of the Financial Activities. Resolution 13/2026
- 13 Apr 2026. The CMA issued its Virtual Assets Framework. It has five modules and widens regulated virtual asset activities from three to eight. CMA news
- 28 Feb 2026. Resolution No. (04/Chairman) of 2026 on virtual asset service providers and alternative trading system operators took effect. Resolution 04/2026
- 1 Jan 2026. Federal Decree by Law No. (32) of 2025 on the CMA and No. (33) of 2025 on the Regulation of the Capital Market took effect. Decree by Law 33/2025
Coming up
- 1 Dec 2026. A consultation opens on the draft decision on private placement by private joint stock companies.
- 31 Dec 2026. The CMA's survey on its new regulations closes.
- 1 Jan 2027. Firms and persons under Federal Decree by Law No. (33) of 2025 must have regularised their status. Article 83 gives one year from the law's entry into force on 1 January 2026. The CMA Board may extend this.
- 30 Jan 2027. The consultation on the draft decision on private offerings by free zone companies closes.
Source for consultations: Digital Consultations.
Register by category
The CMA's Licensed Companies list has 339 entries on 9 November 2026. All 339 show the status "Active".
| Licensed activity | Companies |
|---|---|
| Introduction | 193 |
| Promotion | 142 |
| Financial Consultations | 113 |
| Telemarketing of Securities and Commodities Trading Services | 58 |
| Portfolios management | 47 |
| Investment Fund Management | 40 |
| Trading broker in the international markets | 38 |
| Trading broker of OTC derivatives and currencies in the spot market | 29 |
| Trading and clearing broker | 26 |
| Financial advisor (issuance manager) | 25 |
| Listing advisor | 22 |
| Remote access (ADX) | 19 |
| Fund Administration | 16 |
| Financial Products dealer | 12 |
| Commodity Brokerage, trading and general clearing | 7 |
| Custody | 6 |
| Registrar of private joint stock companies | 5 |
| Crowd Funding Platform Operator | 3 |
| Credit rating | 1 |
Many companies hold more than one activity, so the column adds up to more than 339.
Virtual assets
Four companies on the register hold virtual asset activities.
| Company | Activities on the register | Year of virtual asset licence |
|---|---|---|
| ARAB GLOBAL VIRTUAL ASSETS SERVICES – L.L.C - S.P.C | MTF dedicated to Virtual Assets (VA MTF) | 2026 |
| CAPITAL VAULT VIRTUAL SERVICES - L.L.C. - S.P.C | Dealing in Virtual Assets as an Agent or Matching Principal; Providing Custody for Virtual Assets | 2026 |
| Bybit Virtual Asset Platform Operator | MTF dedicated to Virtual Assets (VA MTF) | 2025 |
| emirates coin investment | MTF dedicated to Virtual Assets (VA MTF); Dealing in Virtual Assets as an Agent or Matching Principal | 2025 |
The register still uses three virtual asset activity names. The April 2026 framework covers eight activities. We found no crypto token list on the CMA's website.
New licences in 2026
Eighty-five companies on the register show 2026 as their year. The register gives a year, not a date, so we cannot split 2026 by month.
| Activity held by the 85 companies | Companies |
|---|---|
| Introduction | 67 |
| Promotion | 47 |
| Financial Consultations | 26 |
| Telemarketing of Securities and Commodities Trading Services | 14 |
| Remote access | 10 |
| Trading broker of OTC derivatives and currencies in the spot market | 8 |
| Portfolios management | 7 |
| Trading broker in the international markets | 6 |
| Investment Fund Management | 5 |
| Fund Administration | 5 |
| Financial Products dealer | 5 |
| Virtual asset activities | 2 |
| Licences by year | Companies |
|---|---|
| 2024 | 35 |
| 2025 | 100 |
| 2026, to 9 November | 85 |
New in 2026 include FAB Asset Management LLC, FRANKLIN TEMPLETON FOR MANAGING INVESTMENTS OF INVESTMENT FUNDS M E - L.L.C - S.P.C, Morgan Stanley & Co International Plc (remote access), UBS AG London Branch (remote access), ACTIVTRADES FINANCIAL SERVICES L.L.C and CAPITAL VAULT VIRTUAL SERVICES - L.L.C. - S.P.C.
Licensing announcements
The CMA published no English press release naming a newly licensed firm from May to November 2026.
| Date | Announcement | Link |
|---|---|---|
| 26 Oct 2026 | Licensed companies up 43% year on year in the first nine months of 2026. Accredited professionals up 64%. Local investment funds up 94% to 97. | CMA news |
| 25 Jun 2026 | Central Bank-licensed entities, except insurers, may carry on CMA virtual asset activities. | Resolution 16/2026 |
Recent publications
| Date | Type | Title and summary | Link |
|---|---|---|---|
| 26 Oct 2026 | Report | Nine-month market and supervision figures. Market capitalisation of ADX and DFM stood at AED 3.7 trillion at end September. | CMA news |
| 14 Oct 2026 | Announcement | New legislation page with version history and Arabic and English switching. | CMA news |
| 1 Oct 2026 | Programme | CMA and MEIRA launch an investor relations programme for Emirati professionals. First cohort planned for Q4 2026. | CMA news |
Update history
| Date | Licensed companies | Year 2026 | Virtual asset firms | Warnings since 1 Aug |
|---|---|---|---|---|
| 9 Nov 2026 | 339 | 85 | 4 | 14 |
How we count
- Source. We read the CMA's Licensed Companies list, its Warnings and Violations pages, its Digital Consultations page, its news, and its Latest Legislations page on the date shown.
- Dates. The register gives each company a year, not a date. We treat it as the licence year. Warnings use the published date. Penalties use the decision date.
- Coverage. The register shows current entries only. Activity counts use the register's Activities filter. Exchange-specific approvals such as margin trading are not shown. Market Maker and Central Depository share one filter value, so we leave both out.
- Names. We name firms. We do not name individuals.
- Use. You may reuse these figures with credit to Regulatory Gate and a link to this page.
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