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ABU DHABI / WAM
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued a consultation paper inviting public feedback on its proposal to introduce a new remote membership framework, as well as various other amendments to enhance ADGM’s capital market regime.
By enabling brokers located outside of the ADGM to access exchanges and clearing houses located within ADGM, the Remote Membership Framework helps in expanding the pool of international investor participation, facilitates cross-border flows, and increases liquidity for ADGM’s capital market.
The proposed new framework will extend the reach of ADGM-based exchanges by allowing international investors to trade and settle their trades with greater
convenience and choice.