Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.
A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.
ADGM, the centre for a transparent and thriving sustainable finance ecosystem.
Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.
At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.
ADGM FSRA: 18 November 2020
Abu Dhabi, UAE, 18 November 2020 – The Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA) and the Israel Securities Authority (ISA) have entered into a FinTech cooperation agreement, marking a significant first in the MENA region and representing an important step forward in promoting the region as a connected and collaborative environment for FinTech to thrive in.
It provides a framework for information sharing, and for facilitating the movement of start-ups, knowledge, and talent between the two jurisdictions.
With this new partnership, the ADGM FSRA and the ISA will undertake initiatives to promote economic growth in financial services through the adoption of new technology and the strengthening of their respective FinTech sectors.
"Following the signature of the historic Abraham Accords, we are excited to enter this FinTech Cooperation Agreement with the ISA" said Richard Teng, Chief Executive Officer of the ADGM Financial Services Regulatory Authority.
“From our close discussions with the Israel Securities Authority, in particular during the FinTech Abu Dhabi Festival, it is clear that both authorities value the importance of collaboration and mutual support. I look forward to working closely with our partner to bring forward a more connected, collaborative network to meet the demands of our growing FinTech ecosystem."
The agreement will allow for the exchange of information on trends, services and products, as well as facilitate the collaborative development of FinTech initiatives between the ADGM FSRA and the ISA. Both jurisdictions will also engage in professional knowledge transfer activities, accelerator programmes and the promotion of the development of relevant technologies, such as digital payments and blockchain, which are fundamental elements to the growth of the FinTech sector.
The agreement will also afford FinTech start-ups the ability to access information from the respective jurisdictions through one common point of contact.
As an International Financial Centre and FinTech hub, ADGM has reached significant milestones and established strategic partnerships to bolster the regional FinTech ecosystem, supporting the safe development of FinTech both regionally and globally. The partnership with the ISA further expands ADGM’s network of FinTech collaborations, which currently stretch over 5 continents.
We use cookies and similar technologies that are necessary to operate the website. Additional cookies are used to perform analysis of website usage. By continuing to use our website, you consent to our use of cookies. For more information, please read our Cookies Policy.