The Securities and Commodities Authority (SCA) in the UAE has announced its successful elimination of government red tape in 12 of its key services as part of the Zero Government Bureaucracy program.
In a recent statement, the authority revealed that it has streamlined processes by removing unnecessary steps and documentation, leading to a quicker service delivery time.
Dr. Maryam Buti Al Suwaidi, CEO of SCA, stated that the board of directors has consistently aimed to enhance the services offered by SCA, making them faster, more efficient, and readily accessible, thereby exceeding customer expectations. Additionally, she emphasized that this initiative aligns with the visionary leadership’s goal of positioning the UAE among the top nations globally in government service delivery.
She noted that this achievement was made possible through the active involvement of staff from licensed companies, who participated in face-to-face meetings, surveys, and discussions, and were encouraged to contribute their ideas and suggestions to improve service quality.
Dr. Al Suwaidi further affirmed that the SCA will maintain this proactive approach to enhance its services, embrace innovative solutions, and implement the best practices in government operations to meet future needs.
In February 2024, the UAE launched its strategy to tackle government bureaucracy and boost efficiency throughout the nation. Moreover, as part of the Zero Government Bureaucracy program, government agencies are assigned the goal of removing 2,000 redundant procedures within a year. Additionally, the initiative seeks to reduce service execution times by 50 percent.
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