1. The Authority shall be subject to the oversight of the UAE Accountability Authority, in accordance with Federal Decree by Law No. (56) of 2023 concerning the UAE Accountability Authority, or any law replacing the same. 2. Federal Decree by Law No. (22) of 2020 Regarding the Distribution of Competences and Powers between the Securities and Commodities Authority (SCA) and the Securities and Commodities Markets Licensed in the State, together with the resolutions issued in implementation thereof, shall remain in full force and effect. 3. Cabinet Resolution No. (111) of 2022 Regarding the Regulation of Virtual Assets and their Service Providers, and Cabinet Resolution No. (112) of 2022 Regarding the Delegation of Certain Competences Related to the Regulation of Virtual Assets, as well as any resolutions issued pursuant to either thereof, shall continue to apply to the extent not inconsistent with the provisions of this Decree by Law and the Relevant Legislation, and this shall remain so mutatis mutandis until the same are repealed, amended, or superseded by other resolutions. 4. Resolutions issued by the Cabinet and the Authority prior to the entry into force of this Decree by Law and the Capital Market Regulation Law shall remain applicable, to the extent they are not inconsistent with the provisions of this Decree by Law or the Capital Market Regulation Law, until such time as the necessary resolutions are issued to implement the provisions thereof.
Interpretation and application must be checked against the official text and current version.