The Abu Dhabi Global Market—Legislative Framework, Approach And Methodology

Abstract

Written by the legal team behind the creation of the Abu Dhabi Global Market (ADGM), this article explains the thinking, process and procedure behind the structure and scope of the innovative new legal regime. In its consideration of various elements of the ADGM legal framework, this article discusses how the rules and regulations were carefully designed to ensure the confidence of global investors by balancing the need for legal depth and breadth, achieved by leveraging the reputation of developed regimes, with the need to remain flexible and responsive to the requirements of a modern financial centre looking to compete on a global scale.

Introduction

It is rare to be asked to assist in producing an entirely new legal regime from scratch. It is rarer still to be called upon to advise on its structure and scope, and to produce its content. The authors of this article did just that. This article examines the bespoke legal regime that has been developed