Abu Dhabi Global Market (ADGM) is an international
financial centre
A financial centre ( BE), financial center ( AE), or financial hub, is a location with a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to ta ...
and
free zone located on
Al Maryah Island
Al Maryah Island ( ar, جزيرة المارية), formerly known as Sowwah Island, is a natural island located northeast of Abu Dhabi, the capital of the United Arab Emirates. It is named for a famous oasis region in Abu Dhabi, Al Mariyah, which ...
in the
United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...
's capital,
Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area.
...
. The financial centre was established in 2013 and became fully operational in October 2015. It has three authorities – the financial services regulator, the registration bureau and the ADGM courts.
In January 2015, the Abu Dhabi Global Market announced that it had renamed the location it was based in, “Sowwah Square”, to "
Abu Dhabi Global Market Square
Abu Dhabi Global Market (ADGM) is an international financial centre and free zone located on Al Maryah Island in the United Arab Emirates's capital, Abu Dhabi. The financial centre was established in 2013 and became fully operational in Octob ...
".
ADGM regulates the trading of digital assets and became an attractive jurisdiction for crypto companies after it introduced digital asset regulation in 2018. That same year ADGM joined the
World Alliance of International Financial Centers
The World Alliance of International Financial Centers (WAIFC) is a non-profit financial association based in Brussels, Belgium. Created in Paris in 2018, its goal is to facilitate mutual cooperation by representing the world's major financial cen ...
.
See also
*
List of financial regulatory authorities by country
The following is an incomplete list of financial regulatory authorities by country.
List
A-B
* Afghanistan - Da Afghanistan Bank (DAB)
* Albania - Albanian Financial Supervisory Authority (FSA)
* Algeria - Commission d'Organisation et de S ...
*
List of company registers
This is a list of official business registers around the world.
There are many types of official business registers, usually maintained for various purposes by a state authority, such as a government agency, or a court of law. In some cases, ...
References
External links
Official websiteAbu Dhabi Global Market (ADGM) – MSATC
{{coord missing, United Arab Emirates
2013 establishments in the United Arab Emirates
Organizations established in 2013
Organisations based in Abu Dhabi
Geography of Abu Dhabi
Economy of the Emirate of Abu Dhabi
Financial districts in the United Arab Emirates
Free-trade zones of the United Arab Emirates