News

The Registration Authority (RA) of ADGM would like to alert members of the public about misleading representations made by an entity operating under the name “Nubia Gold SPV”, including through the website https://nubiagold.org.

The ADGM’s RA confirms that:

• Nubia Gold SPV is not incorporated, registered, or licensed with the ADGM’s RA and does not appear on ADGM’s Public Register of Companies;
• any statement or implication that Nubia Gold SPV is incorporated, registered, approved, recognised, or otherwise associated with ADGM is false and misleading; and 
• the ADGM’s RA has no connection with this entity or its website.

In some cases, such misrepresentations may form part of a broader fraudulent scheme and may result in significant financial losses to members of the public or potential investors.

It is a serious contravention of ADGM’s commercial legislation to misrepresent that an entity is incorporated, registered, or licensed in or from ADGM when this is not the case. This type of misconduct may result in regulatory enforcement action, including the imposition of financial penalties.

The RA is particularly concerned that such false and misleading representations may fraudulently induce members of the public to engage with or invest in non-ADGM entities, based on the incorrect belief that these entities are subject to ADGM’s regulatory oversight.

Public Guidance:

• Verify the status of any entity claiming to be incorporated, registered, or licensed in ADGM by searching ADGM’s online Public Register of Companies at: www.registration.adgm.com which is free of charge.
  
• Verify the authenticity of any ADGM licence certificate, or certificate of incorporation, received using ADGM’s free document verification tool at: www.registration.adgm.com
• Exercise caution when contacted by any person or entity purporting to be associated with ADGM, particularly where investment opportunities, payment requests, or the provision of personal or financial information are involved.

If you have concerns about an entity claiming to be registered, please submit a complaint to the Registration Authority through the complaint portal available here.