May 12, 2017
Shearman & Sterling lawyers have authored an article titled “The Abu Dhabi Global Market—Legislative Framework, Approach and Methodology." The article first appeared in the Journal of International Banking Law and Regulation.
Written by the legal team behind the creation of the Abu Dhabi Global Market (ADGM), this article explains the thinking, process and procedure behind the structure and scope of the innovative new legal regime. It also discusses how the rules and regulations were carefully designed to ensure the confidence of global investors by balancing the need for legal depth and breadth with the need to remain flexible and responsive to the requirements of a modern financial center looking to compete on a global scale, all of which was achieved by leveraging the reputation of developed regimes.
The authors of the article are partners Barnabas Reynolds (London-Financial Institutions Advisory & Financial Regulatory), John Adams (London-Investment Funds), Clifford Atkins (London-Finance), Alex Bevan (Abu Dhabi-International Arbitration), Thomas Donegan (London-Financial Institutions Advisory & Financial Regulatory), Marwan Elaraby (Abu Dhabi-Capital Markets), John Opar (New York-Real Estate), Matthew Powell (Abu Dhabi-Corporate), Jo Rickard (London-Litigation); counsel Robert Sein (New York-Real Estate); and associates Tom Berisford (London-Finance), Simon Cohen (London-Litigation), Oliver Linch (London-Financial Institutions Advisory & Financial Regulatory) and Amy Watt (London-Investment Funds).