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.
AccessRP is a next-generation digital platform transforming the real estate experience in ADGM. Designed to streamline interactions across the ecosystem, AccessRP brings together landlords, developers, and tenants in one seamless environment, providing real-time access to services, data, and insights.
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ADGM FSRA: 29 Oct 2024
The Financial Services Regulatory Authority (FSRA), the financial services regulator for ADGM, the international financial centre of Abu Dhabi, has today published a Consultation Paper to seek views on its proposals for enhancements to its regulatory framework for continued alignment with international best practices enshrined in the Core Principles for effective banking supervision, issued by the Basel Committee on Banking Supervision.
The key areas of enhancements to the regulatory framework pertain to:
This consultation paper should be of interest to all Authorised Persons operating in ADGM or seeking to do so, particularly banks, insurers and those entities that are authorised to carry on the Regulated Activities of Providing Credit or Managing a Profit Sharing Investment Account which is a PSIAu in ADGM.
For the Consultation Paper, please click here: Consultation Paper No. 9 of 2024 – Proposed Enhancements to the Regulatory Framework of the FSRA
The Consultation Paper is open for feedback until 28 November 2024.
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