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.
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.
Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.
At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.
News
ADGM Hosts US-UAE Business Council Financial Services Policy Group Meeting in Abu Dhabi
ADGM FSRA: 25 Feb 2016
25 February 2016, Abu Dhabi, UAE: On Monday, February 22nd, Abu Dhabi Global Market (ADGM) hosted the U.S.-U.A.E. Business Council’s latest Financial Services Policy Group Meeting. As one of the Business Council’s newest members, ADGM welcomed the Policy Group’s members and featured guest speaker, Dr. Peter M. Werner, Senior Director of the International Swaps & Derivatives Association (ISDA). The meeting was led by U.S.-U.A.E. Business Council Senior Advisor and former U.S. Ambassador to the U.A.E. Michael Corbin.
Following introductions, Dr. Werner led the group in an in-depth discussion on Netting in the U.A.E. and in the Gulf region at-large, and discussed effective ways in which the U.S.-U.A.E. Business Council and its members can address the issue. The importance of ADGM’s role in this matter was also discussed – by incorporating the ISDA model law in its insolvency regulations and though the adoption of Common Law as the basis of its legal system, would render ADGM an effective netting jurisdiction.
Following the committee’s discussion on Netting, ADGM’s Financial Center Development Director, Steve Barnett and ADGM’s Director for Policy & Legal, Mr. Emmanuel Givanakis, provided attendees with a comprehensive presentation of ADGM’s aims for Abu Dhabi and how U.S. businesses can benefit from the Free Zone.
Ambassador Corbin concluded the meeting by thanking Dr. Werner and policy group members for their active participation.
To view an article published in Al Ittihad, please click here.
To view this announcement on the US/UAE Business Council's website, please click here.