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Abu Dhabi / WAM
The Registration Authority of Abu Dhabi Global Market (ADGM) issued a public consultation paper inviting public feedback and comments to codify existing corporate beneficial ownership and control practices in line with global standards and initiatives.
Recommendations have been developed following a benchmarking analysis of the regimes applicable in the UK, Guernsey and Jersey. These jurisdictions have been selected as illustrative benchmarks for ADGM purposes and to be aligned with international best practice.