Comments To The Abu Dhabi Global Market's Electronic Transactions Regulations

The Abu Dhabi Global Market recently released the Electronic Transactions Regulations to recognize the use of electronic signatures, contracts and records. We, along with Arushi Goel (ex-Judge, India), a legal advisor based in United Arab Emirates, submitted comments to the Abu Dhabi Global Market on the aforesaid regulations.

1. PRELIMINARY

This submission presents comments to the Electronic Transactions Regulations ("Regulations") proposed by the Abu Dhabi Global Market ("ADGM"). The submission highlights: (i) concerns with specific provisions of the Regulations with recommendations to address the same; and (ii) broad concerns with the Regulations.

2. SPECIFIC CONCERNS AND RECOMMENDATIONS