Regulatory Alerts2024-06-12
Commercial Licensing Regulations (Controlled Activities) Rules 2024
The Board of Directors of the Abu Dhabi Global Market issued these Rules to define and regulate specific controlled activities under the Commercial Licensing Regulations 2015. The document classifies financial, legal, accountancy, audit, company, and single family office services as controlled activities requiring licensing, while also including a broad catch-all for other economic activities. It further establishes general exclusions for employees and public authorities, and provides a specific exemption for cross-border service providers operating without a permanent establishment in the jurisdiction.
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