Regulatory Alerts2017-01-01
Consultation Paper No 1 of 2017 – Amendments to ADGM Regulations and Rules
The Abu Dhabi Global Market and the Financial Services Regulatory Authority propose amendments to ADGM regulations and FSRA rules to reduce regulatory burdens and clarify operational frameworks. Key changes include permitting private Real Estate Investment Trusts, adjusting the definition of managing collective investment funds to accommodate external management structures, and restricting the public publication of unitholder names to enhance confidentiality. The consultation also addresses miscellaneous updates to company naming conventions, auditor licensing, and the application of fund rules to asset managers, with comments due by 11 May 2017.
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