Bridging East and West: ADGM and Hong Kong’s SFC Join Forces to Boost Fund Management
In a significant step toward strengthening global financial ties, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and Hong Kong’s Securities and Futures Commission (SFC) have signed a Memorandum of Understanding (MoU). This agreement, finalized during the International Organisation of Securities Commissions (IOSCO) annual meeting in Doha, Qatar, marks a pivotal moment for cross-border collaboration in fund management.
The MoU creates a dynamic framework for the two regulatory bodies to work together, focusing on the supervision of investment managers handling collective investment schemes across both regions. It’s a move that reflects the growing network of global financial markets, where seamless cooperation between jurisdictions is no longer optional—it’s essential!
This agreement is a bold step toward achieving those goals, creating opportunities for firms and investors in both Hong Kong and the UAE. It’s about building bridges—connecting two powerhouse financial hubs to unlock new possibilities for growth and innovation.
For asset managers and financial institutions, this agreement opens exciting doors. The enhanced regulatory cooperation between ADGM and the SFC means greater clarity and consistency for firms operating across borders. Whether you’re exploring fund distribution, investment structuring, or advisory services, this partnership creates a more predictable and supportive environment to thrive in both markets.
For businesses looking to establish a presence in ADGM, navigating the regulatory landscape can be complex—but it doesn’t have to be. Sovereign Corporate Services, a registered agent in ADGM, offers comprehensive support to help companies set up and succeed. From legal structuring and licensing to compliance and local partnerships, their team is equipped to guide you every step of the way. Reach out at +971 4 270 3400 or sovppg@sovereigngroup.com to explore how they can help you tap into ADGM’s growing opportunities.
