ADGM upgrades financial crime rules to meet FATF standards

ADGM

The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA), the financial watchdog overseeing one of the UAE’s leading international financial centres, has completed a series of updates to its anti-money laundering regulatory framework.

The revised framework covers anti-money laundering, counter-terrorist financing, counter-proliferation financing and sanctions compliance. The changes follow a formal consultation process, with the finalised enhancements shaped by industry engagement and feedback gathered in response to Consultation Paper No. 1 of 2026.

Revisions have been made to both the Financial Services and Markets Regulations 2015 and the Anti-Money Laundering and Sanctions Rulebook. These changes are designed to bring the framework in line with updated federal laws and evolving international standards, including the recommendations of the Financial Action Task Force (FATF).

According to the FSRA, the practical burden on regulated firms is expected to be limited, a position consistent with the majority of responses received during the consultation period.

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