Securities

Issuers can take advantage of ADGM's best in class framework governing the issuance of Securities both in and from ADGM. Issuers, both regionally and globally, can raise capital in an efficient manner under a framework that offers significant investor protection.  Issuers can make an Offer of Securities to the public or may benefit from an exemption under the ADGM FSRA's Exempt Offers regime. ADGM ensures full transparency for issuers and investors within its markets.

The FSRA operates a world class listing authority responsible for the review of prospectuses and for the admission of Securities to its Official List.

Digital Securities

ADGM has taken a leading stance in the GCC and worldwide, with its transparent approach towards regulation of Digital Securities, confirming that where tokens have the characteristics of a Security, they will be treated as a Security by the FSRA.

The issuance of a Security, whether through a DLT platform or other means, will see no difference in their treatment under the FSRA's regulatory framework. Those issuers who seek to raise funds in a regulated, robust and transparent manner using new business models or technologies such as DLT are encouraged to engage with the FSRA as early as possible in the fund-raising process. For more details on the regulatory treatment of Digital Securities, click here.

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.