Money Services Business

Converting currency and transmitting money to individuals and corporates across the world

Financial Services entities looking to set up in ADGM are required to secure approval from the ADGM Financial Services Regulatory Authority before proceeding with registration.

Applicants are required to fill out the requisite forms and provide all the necessary information required when making an application.  

With the information provided, the FSRA Authorisation Team will assess whether the applicants meet the admission requirements, including the following aspects:

  • Operational, financial and regulatory track record of the firm and shareholders
  • Fitness and propriety of senior management and key appointment holders
  • Resources, systems and controls of the firm to ensure proper corporate governance and compliance with all applicable rules and regulations
A thoroughly and accurately completed application as specified in the forms, will expedite this process.

To download all Application Forms click here.
For calculation of Fees, click here.
Contact us

Call or meet with one of our FSRA Authorisation Team for an initial discussion on your requirements. In preparation for the meeting, Applicant will need to have a regulatory plan, setting out the planned regulated activities, internal controls and resources to address the related risks.

Submit form

Submit the completed application form, and any documentation required, along with the application fee. For calculation of Fees, click here.


Authorisation Team team will review your application, follow up on any clarifications, conduct interviews with the Approved Person and fill in any information gaps.


Applicant will be notified if the application has been approved in principle, subject to conditions.


If Applicant accepts the in principle approval conditions, the Applicant must prepare to satisfy these conditions and proceed with capitalisation and hiring and contacting the ADGM Registration Authority to start the process of Commercial Licence application.


Once these conditions are met, ADGM will issue the Applicant's Financial Services Permission.

If you have questions or need any assistance, we're here to help.
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