Middle East

"Money bills" Know the requirements "Whistling government bureaucracy"

Abu Dhabi, May 17 / WAM / The Securities and Commodities Authority organized working sessions via visual communication technologies for all public joint stock companies and licensed companies, as part of its commitment to implementing the requirements of the “Zero Government Bureaucracy” program in the securities sector in the country.

His Excellency Mohammed Khalifa Al-Hadary, Executive Vice President of the Authority’s Support Services Sector and Head of the Government Bureaucracy Zeroization Team, said during the opening speech that the “Government Bureaucracy Zeroization” program aims to eliminate unnecessary requirements and create a qualitative and exceptional shift in the services provided.

He added that the Authority looks forward, through these sessions, to exchanging ideas and proposals to shorten and facilitate the customers’ journey, thus contributing to building a competitive environment that enhances the securities sector and economic growth in the country.

The sessions reviewed the objectives of the program, the procedures and requirements necessary for its implementation, and the Authority’s work plan in the next phase, and discussed the Authority’s services from the customers’ point of view and ways to improve them to save time and effort.

It is noteworthy that “Zero government bureaucracy” is an initiative launched by the UAE government with the aim of simplifying and reducing government procedures and eliminating unnecessary procedures and requirements by canceling at least 2,000 government procedures, reducing at least 50 percent of the time periods for procedures, and eliminating all unnecessary requirements and requirements. With the aim of enhancing the leadership of the UAE government and its global competitiveness.

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