Abu Dhabi Global Markets - Announcements, Interviews & News Stories

ADGM slaps $486K penalty on Pypl for AML violations

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has imposed a financial penalty of USD 486,000 (AED 1,784,835) on Pyypl Ltd (Pyypl), a licensed money service provider operating in ADGM, because, during the period from March 2021 to November 2022, Pyypl’s compliance with applicable Anti-Money Laundering (AML) requirements was inadequate and it acted outside the scope of its Financial Services Permission.

04 October 2023

/sustainable

ADGM implements sustainable finance regulatory framework

Abu Dhabi Global Market (ADGM) today announced the implementation of its sustainable finance regulatory framework with immediate effect, following significant support received through public consultation, reinforcing its position as a leading sustainable financial hub and a natural hub for sustainable finance activities.

04 July 2023

/startups

ADGM opens applications for annual innovation challenge

Abu Dhabi Global Market (ADGM), the leading international financial centre based in Abu Dhabi, is pleased to launch the latest edition of the annual Innovation Challenge.

22 February 2023

/cloud

ADGM calls on Rackspace to accelerate journey to the cloud

bu Dhabi Global Market (ADGM), a leading international financial centre located in UAE’s capital emirate announced today a partnership with Rackspace Technology® (NASDAQ: RXT), to collaborate on a number of strategic technology initiatives.

17 November 2022

/crypto

Abu Dhabi Crypto Hub opens

Holding its third day of sessions and panel discussions under the overarching theme of “Crypto Abu Dhabi”, Abu Dhabi Finance week witnessed today the launch of Abu Dhabi Crypto Hub by Abu Dhabi Global Market (ADGM), the leading international financial centre (IFC) of the UAE’s capital.

16 November 2022

/crypto

Abu Dhabi regulator approves Binance licence

Binance, the leading global blockchain services provider, has announced today that it has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital emirate.

16 November 2022

/regulation

ADGM takes mediation to the metaverse

The ADGM Arbitration Centre, the state-of-the-art hearing facility for arbitration and mediation situated in the international financial centre of the UAE’s capital, has launched a world’s-first service that hosts mediation in the metaverse.

14 November 2022

/sustainable

Abu Dhabi consults on regulatory framework for sustainable finance

Abu Dhabi Global Market (ADGM) today announces the publication of a Consultation Paper on a proposed comprehensive Sustainable Finance Regulatory Framework, covering rules on sustainability-orientated investment funds, managed portfolios and bonds as well as a framework on environmental disclosures by ADGM companies.

10 November 2022

/regulation

EToro receives in-principle approval to operate as an investment broker in Abu Dhabi Global Market

Social investing network eToro announced today that it has received an In-Principle Approval to operate as a securities, derivatives and crypto broker in Abu Dhabi.

20 September 2022

/startups

ADGM focuses on Web 3.0 and token economy for fifth RegLab sandbox programme

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has opened its Regulatory Laboratory (RegLab) sandbox programme for the 5th cohort of applications today.

11 May 2022

/regulation

Abu Dhabi regulator issues DeFi discussion paper

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued a discussion paper on DeFi, in order to engage with industry practitioners and other stakeholders to explore the potential opportunities arising from DeFi, associated risks and what a future regulatory framework may resemble.

13 April 2022

/crypto

Binance earns in-principal approval from ADGM

Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (the FSRA) of Abu Dhabi Global Market (ADGM) to operate as a broker-dealer in virtual assets.

11 April 2022

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