Abu Dhabi Global Market
Abu Dhabi Global Market is the international financial centre and free economic zone of Abu Dhabi, located on both Al Maryah Island and Al Reem Island. Established in 2013 and operational since October 2015, ADGM provides a common law legal and regulatory ecosystem for global financial and non-financial institutions operating in the United Arab Emirates.
Jurisdiction and expansion
ADGM’s jurisdiction was initially limited to Al Maryah Island but was expanded in 2023 by UAE Cabinet Resolution No. 41 to include Al Reem Island. The combined area of over 14 million square metres positions ADGM as one of the largest financial districts in the region.All businesses on Al Reem Island must transition to ADGM commercial licences by 31 December 2024. As of January 2025, real estate regulation and property registration across Al Reem Island falls under ADGM’s Registration Authority following the implementation of the ADGM Real Property Regulations 2024.
Authorities and governance
ADGM is governed by four independent bodies:- Financial Services Regulatory Authority : Regulates financial services, enforces anti-money laundering, tax reporting, and securities listing. In 2025, it imposed AED 610,000 in penalties across 23 entities for CRS/FATCA non-compliance.
- Registration Authority : Manages company incorporation, licensing, compliance, and property-related regulatory functions.
- ADGM Courts: An autonomous common law judiciary applying English common law directly. The courts have exclusive jurisdiction over all civil and commercial matters in ADGM.
- ADGM Authority: Oversees strategic initiatives, communications, partnerships, and community development across the ADGM ecosystem.
Legal framework
Education & innovation (ADGM Academy)
ADGM Academy is the education and talent development arm of ADGM. It includes dedicated schools for banking, law, fintech, sustainable finance, wealth management, and taxation.In 2022, ADGMA launched the School of Law in collaboration with LexisNexis and NYU Abu Dhabi, offering executive legal education. ADGMA also partners with Binance Academy, CFTE, and CISI to deliver professional certifications in digital assets and investment management.