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Announcement
ADGM Publishes a Discussion Paper on Enhancements to its Sustainable Finance Regulatory Framework
ADGM 20/05/2024Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE’s capital, has today published a Discussion Paper to seek views on its proposals for the continued development of its regulatory framework for sustainable finance.
ADGM seeks input on its proposed guidance outlining the FSRA’s expectations for ESG-labelled investment vehicles and appropriate next steps in development of regulatory expectations pertaining to climate-related risk management and transition planning.
This discussion paper should be of particular interest to fund managers and asset managers, in relation to the proposed guidance; and all companies subject to the Companies Regulations 2020, in relation to development of ADGM’s expectations pertaining to climate-related risk management and transition planning.
For the Discussion Paper, please click here: Discussion Paper No. 1 of 2024 – Enhancing the Sustainable Finance Regulatory Framework for ADGM.
The Discussion Paper is open for feedback until 19 July 2024.