In today’s rapidly evolving risk landscape, it is crucial for companies to adopt robust risk management practices that not only address current uncertainties but also anticipate future threats. Regulators across the globe have taken note of this shifting dynamic, emphasizing the importance of sound enterprise risk management (ERM) frameworks to enhance corporate governance and organizational resilience.
The Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) is the primary regulator for listed entities in UAE. It has introduced a corporate governance code including principles of risk management, which is outlined in the Governance Code under the Chairman of Authority's Board of Directors' Decision No. (3/Chairman) of 2020 and further refined by the Decision No. (2/RM) of 2024 and 2025 circular, providing comprehensive regulatory requirements aimed at improving governance practices, transparency, and risk management.
To help businesses stay ahead, we focus on simplifying and clarifying key regulatory changes. Drawing on our extensive experience, we provide actionable implementation steps, outlining how regulations can be effectively adopted and offering practical guidance to ensure compliance. This document will support listed organizations align their ERM practices with the latest compliance requirements, ensuring they remain agile, compliant, and resilient in managing emerging risks.
