SCA Advances Digital Transformation with ‘Robo-Advisor’ Service Regulation
Abu dhabi: The Securities and Commodities Authority (SCA) has approved the regulation of the Robo-Advisor service as part of its transformational projects, marking a strategic step toward establishing a secure digital investment environment in the UAE. According to Emirates News Agency, this regulatory framework reflects the SCA’s commitment to digital transformation and the enhancement of smart financial services, aligning with global trends and investor expectations. It aims to advance the competitiveness of national financial markets, accelerate digital adoption, and contribute to the UAE’s ‘We the UAE 2031’ vision of building a knowledge-based, competitive, and sustainable economy. Licensed portfolio management firms