Regulatory Alerts2024-12-04
Financial Services and Markets (Amendment No. [__]) Regulations 2024
The Board of Directors of the Abu Dhabi Global Market enacted these regulations to amend the Financial Services and Markets Regulations 2015. The amendments empower the Regulator to prescribe requirements for authorized persons dealing in virtual assets and spot commodities, including the authority to ban specific digital assets like algorithmic stablecoins. Additionally, the regulations introduce provisions for remote members and define multilateral trading facilities to encompass systems handling virtual assets.
Share