By Nicholas Querée (Associate at Peters & Peters Solicitors LLP in London)
1. On 21 October 2015, the Abu Dhabi Global Market (“ADGM”), the most recent in a line of financial free zones in the Middle East, formally opened for business. Like its forebears, the Qatar Financial Centre (“QFC”) and the Dubai International Financial Centre (“DIFC”), the ADGM is empowered to enact its own civil and commercial laws with the aim of providing an attractive legal and regulatory environment for companies minded to establish in the new jurisdiction, and encouraging inward investment to and a greater diversification of the Emirate’s economy.
Continue reading The Abu Dhabi Global Market Arbitration Regulations 2015