ADGM, New Zealand to bolster cooperation

Abu Dhabi / WAM

The Registration Authority of the Abu Dhabi Global Market (ADGM), and the Registrar of Companies New Zealand have announced a partnership to expand their cooperation, in recognition of the increasingly international nature of business, aimed at improving the exchange of information and expertise in both jurisdictions.
The Statement of Co-operation (Agreement) was signed by Dhaher bin Dhaher Al Mheiri, CEO of the Registration Authority of the ADGM, and Michael Brosnahan, Deputy Registrar of Companies, New Zealand.
As part of the Agreement, the ADGM Registration Authority and Registrar will collaborate towards a mutual understanding of the legislative framework, improving operational efficiency and effectiveness of organisational functions through the training and exchange of information on public events in their respective jurisdictions. The entities will also exchange views on matters of common interest.
Commenting on the partnership, Dhaher bin Dhaher Al Mheiri said, “This new agreement with the Registrar of Companies New Zealand will help us improve operational efficiency and enhance our offerings as an international financial centre through the mutual exchange of information and best
practices.
In addition, it will offer the talented workforce in both jurisdictions a unique opportunity to expand expertise and skills and gain exposure to the business environment in New Zealand and the UAE through two-way secondment opportunities.”
The Registrar of Companies New Zealand is the regulatory arm of the New Zealand Companies Office, which contributes to an efficient and transparent New Zealand business environment and delivers regulatory services digitally, enabling efficiency and increasing ease in doing business in New Zealand.
Through such collaborations, the Registration Authority of the ADGM ensures a sound regulatory framework of clear and transparent rules, benchmarked against international standards and global best practices.