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Article (3) Scope of Application

The provisions of this resolution shall apply to the violations committed by companies having securities listed on the Market, and their Board members and managers, Market dealers and the Authority-licensed entities, in breach of Federal Law No. (4) of 2000 concerning the Emirates Securities and Commodities Authority and Market referred to hereinabove, Federal-Decree Law No. (32) of 2021 concerning Commercial Companies referred to hereinabove, the other legislation, regulations, resolutions, instructions guidelines, circulars and/or rules in force in the Securities and Commodities Authority and the markets licensed by it.