Regulation

Regulation

ICM is authorised and regulated by Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) under the Financial Services Permission Number: 210045.

ADGM stands for Abu Dhabi Global Market, which is an international financial centre located in the capital city of the United Arab Emirates.

ADGM issues various types of financial licenses, including for banks, insurance companies, asset managers, and other financial institutions.

To obtain a financial license from ADGM, a company must meet certain eligibility criteria and comply with regulations set by the ADGM Financial Services Regulatory Authority (FSRA).

The ADGM financial licenses are governed by the Financial Services and Markets Regulations 2015 and the ADGM FSRA rulebook.

The regulatory framework of the ADGM is modelled on the UK's Financial Conduct Authority
ADGM has a robust regime for the anti-money laundering (AML) and countering the financing of terrorism (CFT) measures.

ADGM is one of the most prestigious financial centres in the Middle East and has become a hub for wealth management, financial technology and FinTech firms.