The UAE Securities and Commodities Authority (SCA) aims to improve performance of financial market regulator in the Arab region, and enhance the role of the International Organization for Securities Commissions (IOSCO) in the sharing of experience and knowledge among member countries.

The 39th ISCO meeting was held this week in Rio de Janeiro, Brazil, where Abdullah Al Turifi, chief executive officer of the SCA, was heading the UAE delegation to the annual conference attended by heads of market regulators of member countries.

IOSCO’s primary objective is to establish and promote high international standards with a view towards promoting transparency and effectiveness of securities markets.