Clifford Chance

Abu Dhabi Global Market publishes Draft Financial Services Regulations

9 July 2015

The Abu Dhabi Global Market (ADGM) has published its Draft Financial Services Regulations which are open for consultation until 11 August 2015.

The Draft Financial Services and Markets Regulations are supplemented by the Draft Financial Services and Markets Rulebook, which consists of various modules (including in relation to conduct of business, general matters, anti-money laundering, market infrastructure, markets, funds and Islamic finance).

It is expected that the Regulations and the Rulebook will be followed by underlying guidance and policies in due course.

 

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