Regulatory Alerts2026-08-21
Added
Guidance on Prohibition on Accepting or Distributing Cash by Certain Licence Holders
The Registration Authority of ADGM prohibits licence holders providing real estate agency, accountancy, audit, insolvency practitioner, tax, legal, or company services from accepting or distributing physical cash in connection with those activities. A threshold exception allows cash transactions not exceeding USD 3,000 per transaction, while accidental receipts must be returned promptly without use. Exemptions may be granted by the Registrar in exceptional circumstances, and contraventions may result in enforcement action including financial penalties under the Administrative Regulations 2025.
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