Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Arbitration Centre Overview Business areas Setting up Operating in Public registers Legal framework Regulation Awareness Collaboration Ecosystem ADGM Sustainable Media News Events Spotlight Podcasts Publications Support Make an enquiry Whistleblowing FAQs
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 lifestyle
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
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 ADGM Publishes its Whistleblowing Framework ADGM’s FSRA issues alert concerning fraudulent website - Sterwa Holdings
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 ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28 ADGM Implements its Sustainable Finance Regulatory Framework
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 LINK Networking Series ADFW 2024
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
  • Announcement

    service

    Proposed Changes to the ADGM Company Service Provider Framework

    ADGM RA 28/11/2022
    Proposed Changes to the ADGM Company Service Provider Framework
    • Enhancements to ADGM’s Company Service Provider (CSP) Regulatory Framework

    The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has issued a consultation paper to invite public feedback and comments on the proposed enhancement to its Company Service Provider (CSP) regulatory framework.

    The ADGM’s CSP framework was introduced on 12 April 2021 and contains two key features - strengthening the regulatory requirements for the provision of company services in ADGM and requiring certain Special Purpose Vehicles (SPVs) and foundations to appoint and maintain a licensed CSP to provide formation and filing services, as well as a point of contact for the RA. To further improve the existing CSP framework and to strengthen the CSPs’ compliance with its regulatory requirements, the RA is proposing to introduce an enhanced CSP framework in ADGM.

    This key enhancement under the proposed amendments will include (but is not limited to) mandatory certification for CSP staff, the introduction of staffing requirements (i.e., a certain number of CSP staff must be present in ADGM), the introduction of annual CSP business activity fee and mandatory filing of audited accounts, amendments to the requirements of a CSP’s anti-money laundering officer and compliance officer, required minimum regulatory capital and professional indemnity insurance.

    Commenting on the release of the Consultation Paper, Dhaher bin Dhaher Al Mheiri, CEO of ADGM Registration Authority said: “We are committed to enhancing our legislative infrastructure to provide our business community with the assurance and access they need to seize the opportunities in the region. Trust is one of our key assets in our regulatory framework and we strive to ensure that our legal framework meets international standards and is suitable for our community. We are looking forward to receiving valuable feedback on this consultation paper to continuously address and enhance our regulatory framework in service of our stakeholders and the wider community.”

    The proposed CSP framework follows international best practices, aims to tackle the current challenges and establishes a solidified regulatory framework for CSPs operating within ADGM, while also maintaining a business-friendly environment.

    ADGM invites public feedback and comments on the proposed CSP Framework, which can be addressed to: consultation@adgm.com.

    For more information and to review the consultation paper and legislative amendments, please visit the dedicated webpage here