Rules regulating the safeguarding of money and other assets belonging to clients
Date of Publication: 28 October 2025
The Board of Directors of the Abu Dhabi Global Market, in implementation of the provisions of section 17 of the Commercial Licensing Regulations 2025, hereby makes the following rules–
(1) These Rules may be cited as the Commercial Licensing Regulations (Client Money) Rules 2025.
(2) In these Rules and any guidance issued by the Registrar pursuant to these Rules–
"Client" means each person who has entered into or intends to enter into an agreement with a Licensed Firm for the provision of services by the Licensed Firm,
"Client Account" has the meaning given in Rule 6(1),
"Client Money" has the meaning given in Rule 4,
"Firm-Related Distribution Event" means, in respect of a Licensed Firm, any one or more of the following–
(a) the appointment of a liquidator, receiver or administrator or of a trustee in bankruptcy,
(b) an event in any jurisdiction equivalent to an appointment mentioned in paragraph (a),
(c) the withdrawal or cancellation by the Registrar of the...