ADGM Academy Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution
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 life style
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
Overview Business Areas Setting up Operating in Public Registers Legal Framework
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 The Registration Authority at ADGM Clarifies Registered Auditors' Eligibility for Auditing Taxable Persons ADQ Announced as the Headline Partner for Abu Dhabi Finance Week
Regulation Awareness Collaboration Ecosystem ADGM Sustainable
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 Abu Dhabi Sustainable Finance Forum’s COP28 Edition Deep-Dives into Nuances of “Building Green Financial Centres of the Future” ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28
Media News Events Spotlight Podcasts Publications
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 RESOLVE 2024
Support Make an enquiry Whistleblowing FAQs
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
  • Discover

    News

    Media Announcements ADGM Publishes Regulatory Guidance for Application Programming Interfaces Download Arabic

    ADGM publishes Regulatory Guidance for Application Programming Interfaces “APIs”

    ADGM FSRA: 14 October 2019

    Download Arabic

    Guidance will promote standards for providing safe and robust APIs that can accelerate the adoption of Financial Services Innovation

    ADGM Authorities Building

    The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has today issued its guidance on the development and use of Application Programming Interfaces (APIs) in the ADGM.

    The FSRA recognises that one of the key enablers to realising digital transformation within an organisation and establishing an efficient, connected and secure economy powered by big data, is the adoption of APIs that meet internationally recognised standards. Accordingly, the guidance sets out the FSRA’s standards around the design, documentation, security, data governance, maintenance and use of APIs for firms setting up in or operating from the ADGM, with the objective of promoting the following:

    • Interoperability: to promote the adoption of globally recognised and accepted standards for the sustainable growth of the digital economy, operability across sectors and connectivity to global markets
    • Resilience: to promote internationally recognised security and governance practices to safeguard consumers and the integrity of the financial services market
    • Innovation and collaboration: to drive and encourage a culture of innovation and collaboration amongst financial services firms and technology ecosystems.

    Mr Richard Teng, CEO, Financial Services Regulatory Authority of ADGM, commented: "Collaboration between financial institutions and FinTech innovators is key to the development of innovative solutions that can transform financial services. The adoption of APIs has the potential to foster greater collaboration to this end, accelerate the pace of transformation and lead to greater financial inclusion in the region. This guidance promotes a standardised approach to building and providing APIs to enable scalability and interoperability in a secure manner and encourage the use of APIs within the financial services ecosystem.”

    This regulatory guidance is part of ADGM’s ongoing commitment to support Abu Dhabi's digital transformation agenda and reinforce Abu Dhabi’s position as a global smart city. As an International Financial Centre and financial services regulator, ADGM maintains a close oversight and stay attuned of developments and emerging innovations in the financial sector and global economy. ADGM continues to review and deploy innovative initiatives and best practices to foster a holistic and healthy FinTech sector in the UAE and across the region as a whole.

     

    For further enquiries, please contact:
    Joan Lew
    Email: joan.lew@adgm.com
    Telephone: +971 2 333 8858

    Related news

    View all ADGM FSRA Publishes Guidance for ESG-focussed Investment Vehicles FSRA proposes miscellaneous amendments to its Regulatory Framework FSRA Publishes a Consultation Paper on Proposed Enhancements to its Regulatory Framework for Continued Alignment with BCBS Principles

    About

    Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution Careers

    Business

    Overview Business areas Setting up Operating in Public registers Legal framework

    Sustainable Finance

    Regulation Awareness Collaboration Ecosystem ADGM Sustainable

    Discover

    Media News Events Spotlight Podcasts Publications Documents

    Contact & Support

    Support Make an enquiry Whistleblowing

    Resources

    FAQs Document Repository
    © 2024 Abu Dhabi Global Market. All rights reserved. Sitemap Terms and conditions Privacy policy Cookies policy

    We use cookies and similar technologies that are necessary to operate the website. Additional cookies are used to perform analysis of website usage. By continuing to use our website, you consent to our use of cookies. For more information, please read our Cookies Policy.

    Reject cookies Accept cookies