New rules on 'Company Service Provider' go live at Abu Dhabi

New rules on 'Company Service Provider' go live at Abu Dhabi's ADGM on April 12


On April 12, the ADGM (Abu Dhabi Global Market) will implement the Company Service Provider (CSP) framework to special purpose vehicles (SPV) and Foundations in its jurisdiction.
The overall aim of a CSP is to support the operations of SPVs and Foundations and, crucially, to implement robust governance for these entities and help facilitate their dealings with the ADGM Registrar. The new CSP framework is designed to address the potential challenges and risks that may arise from the growing success of - and increasing demand for - such structures in ADGM, particularly where these entities do not have a direct connection to ADGM.

Related Keywords

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