Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Arbitration Centre Overview Business areas Setting up Operating in Public registers Legal framework Regulation Awareness Collaboration Ecosystem ADGM Sustainable Media News Events Spotlight Podcasts Publications Support Make an enquiry Whistleblowing FAQs
A platform that offers limitless opportunities and paves the way for a brighter future

Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.

Read about Abu Dhabi's lifestyle
Latest initiatives ADGM Announces Incentive Initiative for Existing Al Reem Island Businesses Transitioning to ADGM ADGM Marks Its Presence on Al Reem by Hosting its First Community Event on the Island
Providing an environment that empowers the future

A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.

Find out how to set up in ADGM
Latest news 24 French Asset Management Firms With $1.6 Trillion AUM Convene for Second UAE – France Investor Meetup ADGM's Financial Regulator fines Sarwa Digital Wealth (Capital) Limited USD 122,500 for making an Offer of Securities in ADGM without Approved Prospectus
Preserve our economies and environment for future generations

ADGM, the centre for a transparent and thriving sustainable finance ecosystem.

More about our Sustainability vision
Highlights ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28 ADGM Implements its Sustainable Finance Regulatory Framework
Stay up-to-date with our wide range of available resources

Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.

Read our latest news articles
Upcoming events FSRA Supervision Outreach Session ADGM's 4th Annual FATCA and CRS Awareness Session LINK Networking Series
We are here to help

At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.

View available support options
Some of our FAQ topics
  • Getting started
  • Foundations regime
  • Resolution for incorporation
  • Existing auditors
  • New auditors
  • ACCESSADGM
  • Announcement

    service

    share

    facebooktwitterlinkedin

    Abu Dhabi Global Market and the Hong Kong Securities and Futures Commission (HK-SFC) strengthen partnership to advance financial innovation

    ADGM FSRA 06/06/2018

     

    The Hong Kong Securities and Futures Commission and Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, have entered into a cooperation agreement to jointly promote and support financial services innovation in Hong Kong and the United Arab Emirates (UAE).
    The agreement was signed between Ms Julia Leung, Deputy Chief Executive Officer and Executive Director of Intermediaries of HK-SFC and Mr Philippe Richard, Director of International Affairs of the Financial Services Regulatory Authority (FSRA) of ADGM at the the Annual Conference of the International Organisation of Securities Commissions (IOSCO) held in Budapest.

    The HK-SFC and the FSRA have been active advocates of FinTech developments and have set up innovative functions respectively to develop FinTech ecosystems and bolster the financial industries in their respective markets. This cooperation framework enables both regulators to work closely in identifying and referring appropriate innovative projects and FinTech start-ups to ADGM’s FinTech Regulatory Laboratory (RegLab) and the HK-SFC Fintech Contact Point. 

    The new collaboration includes sharing of relevant information on innovation, providing support in the authorisation processes where appropriate, and referring cross-border activities that will accelerate the growth of the financial and FinTech industries in both jurisdictions.

    "This agreement reflects the SFC's continued efforts to collaborate with international regulatory counterparts to promote innovation in financial services," said Ms Julia Leung, the SFC's Deputy Chief Executive and Executive Director, Intermediaries. "We look forward to sharing our experience with the FSRA on Fintech developments in our markets."

    Mr Philippe Richard, Director of International Affairs of the FSRA of ADGM, said: "This cooperation further deepens the ongoing partnership and collaboration between Hong-Kong and Abu Dhabi, and augments ADGM's commitment in supporting the growth and financial developments of Abu Dhabi and the Middle East, Africa and the South Asia region. We look forward to working closely with the HK-SFC to support our FinTech start-ups and our innovative businesses, from regulations to adoption, in advancing and applying their solutions to each of our respective Financial Markets".

    As the FinTech Hub in the MENA region, ADGM values the importance of FinTech bridges with like-minded international financial centres and jurisdictions to foster a robust and sustainable global FinTech ecosystem. These cross-border partnerships enable ADGM to maintain a practical, open and inclusive global FinTech centre to continue serving the communities in Abu Dhabi and the greater MENA region.