Abu Dhabi Global Market Launches Public Consultation on Laws and Regulations

Abu Dhabi Global Market (ADGM), Abu Dhabi’s nascent financial free zone, has published consultation papers on the laws and regulations that will apply to companies operating within the zone. It is proposed that English common law will apply in the free zone and ADGM’s proposed approach is generally to follow the Hong Kong and Singapore method of applying English common law directly, rather than codifying it. There are 6 consultation papers in total and the deadline for responding to the consultation papers is 5 February 2015.

Should you have any questions about the consultation papers, or should you wish to submit comments, please get in touch with your regular contacts at the firm or, in the Abu Dhabi office, Gamal Abouali (gabouali@cgsh.com), Matteo Montanaro (mmontanaro@cgsh.com) or Chris Macbeth (cmacbeth@cgsh.com).