Arab Today, arab today adgm publishes additional draft consultation papers
Last Updated : GMT 15:01:09
Arab Today, arab today
Arab Today, arab today

Accepting feedback from market participants

ADGM publishes additional draft consultation papers

Arab Today, arab today

Arab Today, arab today ADGM publishes additional draft consultation papers

Abu Dhabi Global Market
Abu Dhabi - Arab Today

Abu Dhabi Global Market (ADGM) has published additional draft consultation papers and draft legislation on insurance, takeovers and data protection.

It is also accepting feedback from market participants.

The financial free zone on Monday said the legislation underscored its aim to provide a "well-regulated and internationally-recognised platform to develop and support a vibrant financial services industry”.

The consultation papers and legislation, which are supplementary to those released last month, will be available at ADGM's website (www.adgm.com).

The public consultation period will end on August 11.

The new regulations issued last month cover a wide range of issues such as the management and marketing of funds and investment offerings, mandatory disclosure requirements, market infrastructure systems, market conduct rules and the free zone's disciplinary actions and enforcement powers.

The financial free zone began issuing licences to non-financial services entities in May and aims to begin processing its first financial services licence applications in the final quarter of the year.

ADGM said last month that existing tenants with private limited or branch office legal status could apply for a licence. This includes businesses such as retailers, food and beverage outlets, and office services suppliers. Lawyers and accountants with branch operation legal status can also apply.

In May, ADGM and the Abu Dhabi Department of Economic Development (DED) signed an initial agreement that covers many aspects of the free zone's activities.

They include the registration and protection of company names and licences – both onshore and within ADGM, developing the process for transferring and renewing the trade licences of those companies already operating on Al Maryah Island, establishing a mechanism for ADGM and DED to cooperate wherever they may need to in the future; cooperating in the exchange of information regarding regulations, standards and business classifications to ensure consistency between them.
Source: The National

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adgm publishes additional draft consultation papers Arab Today, arab today adgm publishes additional draft consultation papers

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adgm publishes additional draft consultation papers Arab Today, arab today adgm publishes additional draft consultation papers

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday