The ADGM Financial Services Regulatory Authority has finalized enhancements to its funds and fund managers framework following its 2025 consultation. The new rules establish streamlined requirements for managers of smaller funds and funds offered exclusively to institutional investors, with certain asset managers serving institutional funds also eligible for tailored requirements. The amendments also facilitate employee investment in private funds managed by their employer and revise the regime for foreign fund managers. Existing authorized persons may apply to become Sub Threshold Fund Managers, Institutional Fund Managers or Institutional Fund Asset Managers, as applicable. Venture Capital Fund Managers and Foreign Fund Managers have a transition period until March 31, 2027.
2026-09-16ADGM Financial Services Regulatory Authority
ADGM Financial Services Regulatory Authority finalizes streamlined fund manager regimes with transition through March 2027
The ADGM Financial Services Regulatory Authority has finalized streamlined regimes for managers of smaller funds and funds targeting only institutional investors. The rules also address employee investment in employer-managed private funds and revise requirements for foreign fund managers, with transition arrangements for Venture Capital Fund Managers and Foreign Fund Managers through March 31, 2027.