The ADGM has put in place a world-class funds framework that is based on Common Law. It offers fund managers an efficient, zero-tax rate business environment operating to international regulatory standards. ADGM funds can be set up with minimum capital requirements, one of the lowest available compared to any other regime globally. There are no remuneration restrictions on fund managers.
The FSRA applies a risk-based assessment to the authorization criteria, with a less rigorous and risk-proportionate approach applied to a fund manager’s application when non-retail funds are being managed, in comparison to a more rigorous approach that is applied to the authorization of a ADGM fund manager seeking to manage and sell Public Funds.