Publishing of commercial regulations results in the acceptance of initial licensing applications with financial services regulations set to come.
The Abu Dhabi Global Market (Global Market), Abu Dhabi’s financial free zone, located on Al Maryah Island, has sprung to life. On 15 June 2015, the Global Market published its first suite of binding commercial regulations pertaining to the regulation of non-financial services (Initial Regulations) and is now accepting licensing applications from existing entities (other than financial service providers) who are already based in the Global Market.
Please see full publication below for more information.