Regulatory Alerts2017-01-01
Consultation Paper No. 5 of 2017 – Proposed Amendments to ADGM Capital Markets Regulations and Rules
The Abu Dhabi Global Market and its Financial Services Regulatory Authority propose amendments to the ADGM Capital Markets regime to enhance market efficiency and align with international standards. Key changes include introducing a Remote Members regime for non-ADGM entities to access local exchanges, eliminating duplicate transaction reporting obligations for Authorised Persons, and tightening Price Stabilisation rules to restrict eligibility and increase transparency. The consultation also clarifies terminology by distinguishing between ADGM-based Recognised Bodies and non-ADGM Remote Bodies to reduce regulatory burden and confusion.
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