ADGM-based company completes five years of operations; UAE capital becoming the fundholding jurisdiction of choice for regional matters
Financial Services Regulatory Authority
Latest in Financial Services Regulatory Authority
Abu Dhabi Global Market (ADGM)
Abu Dhabi fines 23 entities $166,000 over tax rules
Abu Dhabi General Market hands out tax fines over tax rule violations
Abu Dhabi
Middle East’s first digital asset multi-strategy fund launches via AltNovel and 3iQ partnership
The fund seeks to deliver high absolute returns with a reduced correlation to traditional assets and hedge funds
Abu Dhabi
Circle secures in-principle approval from ADGM’s Financial Services Regulatory Authority
Following ADGM’s approval, Circle joins forces with Hub71 to grow Abu Dhabi’s Web3 and digital assets startup ecosystem
Abu Dhabi
ADGM RA fines Christopher Flinos, AC Holding for cryptocurrency conversion violations
According to the RA, AC Holding exceeded the scope of its commercial license by acting as an investment company and offering financial services to clients
Abu Dhabi Global Market
ADGM financial regulator imposes $8.85mn in penalties on Hayvn Group for regulatory breaches
The investigation resulted in the cancellation of Hayvn ADGM’s Financial Services Permission, and an indefinite prohibition on former CEO Christopher Flinos
Abu Dhabi Global Market
Asset manager Polen Capital to open Abu Dhabi office in Mideast expansion push
The US major, with around $63 billion in assets under management as of September 30, will join global asset managers and hedge funds in establishing a presence in ADGM
Abu Dhabi
Singapore headquartered digital asset custody provider Liminal secures key ADGM FSP license
The license grants the company the ability to operate as a regulated custodian within the Middle East, a rapidly growing financial hub
Abu Dhabi
UAE digital asset custodian Tungsten launches in Abu Dhabi
The launch positions the UAE as a hub for regulated digital asset services and provides regional investors with a secure local option for crypto custody
Abu Dhabi Global Market (ADGM)
Liminal ropes in ex-Copper Securities CEO Amir Tabch to lead its Middle East expansion
Tabch also held senior leadership positions at SC Meta Markets, Emirates Investment Bank, and First Abu Dhabi Bank
Abu Dhabi
Indian venture debt fund Stride Ventures obtains initial approval from ADGM
The company said it will establish an exclusive fund in the Abu Dhabi Global Market with strategic focus on investments within the Arabian Gulf region
Abu Dhabi Global Market
Digital custody and wallet infrastructure venture Liminal secures ADGM in-principle approval
The company said the approval marks an important milestone in its growth plans in the region
Abu Dhabi Global Market
ADGM grants virtual asset trading license to M2
The M2 platform is now poised to offer both institutional and retail clients in the UAE a unique opportunity to engage with virtual assets.
Abu Dhabi Global Market
GCC private credit – ‘The times they are a-changin’
A new, and attractive, regulatory landscape now makes it possible to establish and manage private credit funds in the UAE and Saudi Arabia
Abu Dhabi Global Market
Binance gets financial services permission from Abu Dhabi Global Market
The Financial Services Regulatory Authority approval enables the blockchain giant to provide custody to professional clients
Abu Dhabi
ADGM slaps $4.76 million fine on Elia, Babar Abbas
Abbas is Elia’s sole shareholder and former director
Abu Dhabi Global Market
ADGM issues new guidelines on virtual asset regulation, reiterates anti-money laundering position
The new issuance is aimed at outlining the regulator’s approach to virtual asset regulation and supervision