Regulatory Alerts2022-06-06
Added · Updated
Abu Dhabi Global Market Commercial Licensing Regulations 2015 (Conditions of Licence and Branch Registration) Rules 2021
The Board of Directors of the Abu Dhabi Global Market issued these Rules to establish the application procedures, licensing conditions, and branch registration requirements for commercial licensees. The document mandates specific information disclosure for applicants, including authorized signatories and corporate details, while imposing ongoing compliance obligations such as maintaining residency visas and keeping accurate accounting records. It further defines distinct regulatory conditions for controlled activities including legal, accountancy, audit, and insolvency services, and grants the Registrar authority to strike off inactive branches from the register.
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