Compliance
Compliance Corner: Finstreet Limited, ADGM
The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings.
Finstreet Limited, Abu Dhabi Global
Market
Finstreet
Limited, an IHC Group company operating through Rorix
Holdings, has officially launched its subsidiaries that operate
international securities market infrastructure.
The launch was announced at Abu Dhabi Finance Week, held by
Abu
Dhabi Global Market.
Finstreet said in a statement yesterday that the new market
empowers private company shareholders with liquidity options
while also facilitating direct market trading, unlocking
alternative investment opportunities tailored for professional
investors.
The launch, following the receipt of necessary licences from the
Financial Services Regulatory Authority of ADGM, also includes
welcoming institutional investors to register from 10 December to
access this regulated market for securities, Finstreet said.
Through its regulated subsidiaries – Finstreet Global Markets
Ltd, Finstreet Capital Ltd, and Finstreet Global Clearing and
Settlement Ltd – Finstreet offers services including a
multi-lateral trading facility, central securities depository,
digital settlement facility, and private financing
platform.
Finstreet is situated within ADGM.