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: 06 October 2023
The Financial Services Regulatory Authority (“FSRA”), of Abu Dhabi Global Market has announced the publication of a Consultation Paper (“CP”) regarding proposals for revisions to its fees and consolidating the Controlled Functions and Recognised Function categories.
The CP proposes the first substantive revision of FSRA fees since they were set in 2015. The increases proposed will appropriately reflect the work and costs involved in meeting its statutory objectives.
The proposal to consolidate the Controlled Functions and Recognised Functions categories recognises that the latter are also critical functions in ensuring the soundness of authorised entities, for both the entities themselves and their clients, and will also reflect best practice seen in peer jurisdictions.
The consultation period will close on 06 November 2023, after which the proposals will be finalised, and feedback to the consultation is welcome. Please see the CP here for details on the proposals and how to submit a response.
For details of the proposals please refer to the links below: Consultation Paper No. 4 of 2023 - Proposals for Revisions to Fees and Recognised Functions.
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.