ADGM has become home to a wide ecosystem supporting the growth of its funds management, institutional asset management and private wealth management industries. The English common law environment and sophisticated regulatory regime has provided the ideal platform for the growth of Asset Servicing Providers (ASPs), providing a home at ADGM for the full lifecycle of asset servicing. Increasingly clients require, and entities are providing:
- Funds Accounting Administration
- Trustee Services
- Custody of Traditional and Digital Assets
- Asset Financing
- Depositary Services
- Risk Management
- Outsourcing Services
With the increasingly sophisticated needs of institutional and private asset managers across traditional asset classes, alternatives and digital assets, the demand for effective and efficient asset services continues to grow. ADGM is committed to providing an effective platform for these services in a tax efficient location and with access to skilled resources and technology innovators.
Financial services entities are required to meet specific resource requirements, either designated as Controlled Functions, which require approval by the FSRA, or as Recognised Functions, which are appointed by the entity itself and notified to the FSRA. For more information refer to Chapters 5.3 and 5.4 in the ADGM General Rulebook (GEN).
Entities that are either required or that want to have a physical presence, will find a wide range of Grade A office space on Al Maryah Island to choose from. The ADGM team will advise regarding office requirements on a case by case basis.
Asset Servicing is one of three Wealth and Asset Management focused areas at ADGM. The other areas include Investment Management and Funds and Fund Management.
Why set up your Asset Servicing business in ADGM
Product friendly
ADGM prides itself on being a product friendly jurisdiction recognising that ASPs' require new and innovative solutions for ever evolving asset management needs.
Agile and responsive
ADGM also provides a fast response time to international regulatory changes to help ASPs' implement with minimal impact on ongoing business.
FinTech hub
ADGM is rated to be one of the world's leading FinTech jurisdictions with a flourishing ecosystem and with the world's second most active FinTech regulatory sandbox.
Rule of law
A strong rule of law through the direct application of English common law, strong judiciary, speed of judgment facilitated by world's first e-Courts, seat of arbitration, and a strong system of enforceability of judgments.
Full ecosystem
ADGM offers a full ecosystem of legal, accounting and servicing firms and enables the optimisation of businesses.
Other Wealth and Asset Management solutions
Abu Dhabi is perfectly placed to take advantage of local and regional investment and asset management opportunities, as home to some of the largest sovereign wealth funds in the world.
The ADGM funds framework balances a business-friendly environment for industry practitioners whilst retaining appropriate levels of investor protection, allowing fund managers to establish a comprehensive selection of funds, including Sharia-compliant products, and to benefit from the wide range of available corporate, limited partnership and trust vehicles. ADGM funds may be distributed across the UAE, which has led to a thriving environment for established local and international firms.
Abu Dhabi is perfectly placed to take advantage of local and regional investment and asset management opportunities, as home to some of the largest sovereign wealth funds in the world.
If you have questions or need any assistance, we're here to help
Latest news
Contact Us
Place your vision in safe hands
Privacy notice: we will not disclose your name, e-mail address or contact number to any third parties, and we will only use your personal details for the purpose of dealing with your enquiry. For more information on how we handle your personal data, please refer to our Privacy Policy