Tag: ADGM

September 21, 2022 BY Steffy Bogdanova

eToro secures in-principle approval in Abu Dhabi Global Market

Jason Hughes, Senior Executive Officer, UAE at eToro said: This is an important milestone for eToro. The UAE has one of the most vibrant fintech landscapes in the Middle East, and Abu Dhabi one of the most sophisticated regulatory frameworks for digital assets. We’re incredibly proud to be joining this ecosystem. We look forward to…

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cryptocurrency
February 27, 2020 BY Steffy Bogdanova

Hong Kong and Abu Dhabi to consider crypto regulations aligning with FAFT

Financial secretary of Hong Kong Paul Chan, announced yesterday in his annual budget speech that he is considering changes of the regulation in the cryptocurrency sector to strengthen the anti-money-laundering (AML) norms and counter-terrorist-financing (CTF) policies. Financial Secretary Chan indicated in his speech that he was following recommendations form global financial regulator, Financial Action Task…

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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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February 07, 2018 BY Valentina Kirilova

ADGM launches e-KYC utility project with consortium of Key UAE financial institutions

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest financial institutions. This initiative follows the first Regional Regulators’ Roundtable for MENA regulators hosted…

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