March 2023
1.1 Abu Dhabi Global Market (ADGM) is a broad based international financial centre, established pursuant to Federal Decree No. 15 of 2013 and Abu Dhabi Law No. 4 of 2013 (ADGM Law) in the Emirate of Abu Dhabi. With its own civil and commercial laws based on English common law, ADGM offers the local, regional and international business community a world-class legal system and regulatory regime.
1.2 The ADGM Registration Authority (RA) is the commercial regulator of the ADGM. It is responsible for the licensing, registration and incorporation of entities seeking to establish a presence in the ADGM as well as monitoring and enforcing the ADGM's commercial legislation and facilitating government services.
1.3 This guidance is issued under section 28 of the ADGM Commercial Licensing Regulations 2015 and section 18 of the ADGM Commercial Licensing Regulations 2015 (Client Money) Rules 2021 (Client Money Rules).
1.4 This guidance should be read in conjunction with the Client Money Rules.
1.5 This guidance applies to Licensed Firms to whom the Client Money Rule...