Tag: Abu Dhabi Global Market

February 28, 2019 BY Valentina Kirilova

ASIC and Abu Dhabi Global Market sign co-operation agreement

The Australian Securities and Investments Commission (ASIC) signed an agreement with the Registration Authority (RA) governing the Abu Dhabi Global Market (ADGM) to enhance co-operation between the two organizations. The partnership will streamline the registration of companies, enhance the sharing of information and expertise, while also providing secondment opportunities within both jurisdictions. James Shipton, Chair…

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September 26, 2018 BY Valentina Kirilova

ADGM signs MoU with ADSSSA

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi has just announced the signing of a strategic new Memorandum of Understanding (MoU) with Abu Dhabi Smart Solutions & Services Authority (ADSSSA). The new partnership is aimed at exploring innovative initiatives and projects that can greatly contribute towards the development of the financial…

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June 26, 2018 BY Valentina Kirilova

ADGM and Hong Kong Monetary Authority sign FinTech co-operation agreement

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority have announced that they have signed a co-operation agreement today to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the United Arab Emirates (UAE). With this agreement, ADGM…

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June 25, 2018 BY Valentina Kirilova

ADGM launches crypto asset regulatory framework

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced that it has today launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM. This follows the successful completion of a public consultation on the introduction of a robust crypto asset…

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fintech
January 08, 2018 BY Valentina Kirilova

ADGM and Bahrain Economic Development Board sign region’s first MENA FinTech agreement

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) announced that they have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the leading MENA Fintech hubs, the agreement represents a leap forward in promoting the…

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January 03, 2018 BY Valentina Kirilova

ADGM introduces enhanced prudential regime for investment firms and banks

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published and ‘goes live’ with a number of enhancements to its “Prudential – Investment, Insurance Intermediation and Banking” (PRU) Rulebook. This follows a successful public consultation which completed on 7 December 2017. The new enhancements cover the prudential supervision of banks, insurance…

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December 12, 2017 BY Valentina Kirilova

CNBC unveils plans for Middle East Headquarters in Abu Dhabi

CNBC, the business and financial news network, today unveiled plans for a Middle East Headquarters in the heart of Abu Dhabi, the Capital of the United Arab Emirates. The network will begin broadcasting from a new studio at Abu Dhabi Global Market (ADGM), the international financial centre of Abu Dhabi, in the first quarter of…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
February 13, 2017 BY Valentina Kirilova

IOSCO recognises ADGM as fully compliant with international standards of cooperation and enforcement

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has become a full signatory of the IOSCO Multilateral Memorandum of Understanding (MMoU) after the IOSCO team of international experts assessed ADGM as fully compliant with the international benchmark for effective cross-border cooperation. The IOSCO MMoU provides a global framework for enforcement co-operation…

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