Hugh Hughes, Chairman and CEO at Koine, commented: The Koine model has always been one built upon the fundamental importance of good governance. This is the only way to attract institutional capital into the digital asset market, unlocking the huge, industry wide benefits that come with it. Delivering best practice and regulatory compliance for our…
Read moreThe Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has just informed the public that it has today published a consultation paper setting out its proposed framework to regulate spot crypto asset activities, including exchanges, custodians and other intermediaries, to be undertaken in ADGM. The FSRA is proposing a fit-for-purpose regulatory framework…
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EquiChain, the London-based FinTech specialising in blockchain technology for capital markets, announced that it has been accepted into the Abu Dhabi Global Market (ADGM) Regulatory Laboratory (RegLab) programme to develop and test its latest FinTech innovation. In doing so, paving the way to become a key part of the financial market infrastructure of the United…
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The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has set out in Guidance its approach to Initial Coin/Token Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). Distributed Ledger Technology (DLT) has extraordinarily wide application to financial services and markets as a whole. Virtual tokens, at their…
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Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced that the International Swaps and Derivatives Association (ISDA) has recognised ADGM as an effective netting regime and published a positive legal opinion to its members. This further reinforces ADGM’s position in providing a robust legal framework, which allow financial institutions and…
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The Financial Services Agency of Japan (FSA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today announced the completion of a framework for co-operation to promote innovation in financial services in Japan and ADGM. This Co-operation Framework recognises the global nature of innovation in financial services. It will enable FSA…
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Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched the first of its kind Foundations regime in support of more effective structures for wealth preservation and wealth management. The ADGM Foundations regime provides a strategic platform for financial planning and structuring, serving as an alternative to trusts and corporate vehicles.…
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Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has successfully closed the application for its second cohort of the ADGM FinTech Regulatory Laboratory (RegLab) programme on 31 July 2017. For its second batch, the ADGM RegLab attracted 22 local and international FinTech startups and innovators, doubling the number of applications as…
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The month of July proved to be an eventful one for DGCX, the largest and the most diversified derivatives bourse in the region, as it inked pacts for greater collaboration with two leading Abu Dhabi based entities – the Abu Dhabi Securities Exchange (ADX) and Abu Dhabi Global Market (ADGM). The Exchange’s recent regulatory recognition…
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The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) and ASIC announced that have today signed a Cooperation Agreement which provides a framework for cooperation to support and understand financial innovation in each jurisdiction. This Agreement expands ASIC's fintech cooperation network to a dynamic region with enormous potential. The Middle East and North…
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