Abstract
In 2014, the Abu Dhabi government announced its version of the Dubai International Financial Centre (DIFC, see www.difc.ae ): the Abu Dhabi Global Market (ADGM). In January 2015, six consultation papers were issued on the legal structure of the new organization, to be established in facilities which are already largely constructed on the renamed Al-Maryah Island. On 14 June, the results of the consultation were published in the form of adoption of 8 Regulations (as to which see http://www.adgm.com/setting-up-business/legal-framework/ ), of which the most important for present purposes are the Application of English Law Regulations ( http://www.adgm.com/media/37261/applicationofenglishlawregulations2015_adgm.pdf ). The structure largely mirrors that of the DIFC and the Qatar Financial Centre (QFC, see http://www.qfc.qa/Pages/qfc-home.aspx ) which, as much of the preliminary work on its establishment was done by former DIFC personnel, not surprisingly closely follows the DIFC model. The essential differences between the DIFC and QFC models are that there is no separate admissions regime to practise before the QFC Courts and there is somewhat less codification of the common law, see http://www.complinet.com/qfcra/display/display.html?rbid=1557&element_id=3 .
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
