The Financial Services Authority (FSRA), the regulatory arm of Abu Dhabi Global Market (ADGM) located in Abu Dhabi, has announced amendments to its digital asset regulatory framework. These changes are effective immediately, according to a press release from the FSRA. The amendments come after extensive industry engagement and feedback on Consultation Paper No. 11 of...
The Financial Services Authority (FSRA) of Abu Dhabi Global Market (ADGM) has announced the immediate implementation of amendments to its regulatory framework for digital assets. This decision follows extensive industry engagement and feedback on Consultation Paper No. 11 of 2024. The key focus of the amendments is on revising the process for accepting Virtual Assets...
Abu Dhabi, UAE: The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Securities and Futures Commission (SFC) of Hong Kong have signed a Memorandum of Understanding (MoU) aimed at enhancing regulatory cooperation in overseeing investment managers for collective investment schemes based in both regions. The MoU was officially signed...
Abu Dhabi Global Market has introduced the “Virtual Sell and Purchase,” an innovative service designed to simplify real estate transactions. This first-of-its-kind platform allows buyers, sellers, and banks to complete multiple steps of property transactions virtually, enhancing the overall process. The new service combines three essential procedures into a single digital platform: the discharge of...