Abu Dhabi Global Market Launches Public Consultation on Financial Services Laws and Regulations

Abu Dhabi Global Market (ADGM), Abu Dhabi’s financial free zone, has published a series of consultation papers on draft Financial Services and Market Regulations (the “FSMR Regulations”) which will establish the framework which will govern the licensing, operation and regulation of financial services firms established in the ADGM. In addition, a consultation paper has been issued on a proposed Limited Liability Partnership Regulation, which will govern the formation and operation of limited liability partnerships.