Recognizing new realities in decentralization, the regulations aim to provide market players with governance flexibility within distributed ledger technology foundations. By Stuart Davis, Brian Meenagh, Andrew Moyle, and Ksenia Koroleva On October 2, 2023, the Board of Directors of Abu Dhabi Global Market (ADGM), a financial free zone in the United Arab Emirates (UAE), enacted … Continue Reading
On 15 June 2015, the Abu Dhabi Global Market (Global Market), Abu Dhabi’s financial free zone, published the following six new regulations concerning the regulation of non-financial services in the Global Market: – Application of English Law Regulations; – Companies Regulations; – Operating Regulations; – Insolvency Regulations; – Employment Regulations; and – Real Property Regulations. … Continue Reading
The Abu Dhabi Global Market, Abu Dhabi’s new financial free zone, located on Al Maryah Island, recently issued a first wave of draft regulations and related consultation papers. The Global Market’s general approach in the draft regulations follows very closely the English law model. In particular, the Global Market is proposing to apply English common … Continue Reading
