ADGM FSRA Unveils Comprehensive Business Plan For 2025-2026 Focused On Financial Regulation And Innovation

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has unveiled its Business Plan for 2025-2026. This plan highlights the FSRA's dedication to being a forward-thinking regulator with global recognition. It aims to support Abu Dhabi's and the UAE's broader economic goals.

The plan outlines several key regulatory priorities for the next two years. These include maintaining alignment with international standards, fighting financial crime, boosting operational resilience, encouraging responsible financial innovation, and promoting sustainable finance. These initiatives will build on FSRA’s current regulatory framework known for its risk-sensitivity, proportionality, innovation, and stakeholder engagement.

To maintain international regulatory alignment, FSRA will collaborate with leading global standard-setting bodies. Combatting financial crime remains a top priority. The authority plans to enhance its supervisory, enforcement, and technological capabilities to tackle money laundering, terrorist financing, proliferation financing, unlawful organisation funding, and sanctions breaches.

Strengthening operational resilience is another focus area for FSRA. It will introduce enhanced regulatory measures to address cyber threats, supply chain disruptions, fraud, and geopolitical risks. The Business Plan also emphasises the importance of responsible innovation by developing progressive regulatory frameworks and expanding SupTech and RegTech capabilities.

The FSRA is committed to advancing the region’s sustainable finance agenda. This involves supporting green product issuance and updating regulations to include climate-related risk management. These efforts align with the UAE’s net-zero ambitions and global sustainability standards.

Commitment to Collaboration

Overall, the FSRA’s strategy for 2025-2026 reaffirms its dedication to collaborating with regulated entities, national and international bodies, and industry stakeholders. This collaboration aims to maintain ADGM’s status as a world-class financial centre.

Emmanuel Givanakis, CEO of ADGM’s FSRA, commented on the Business Plan: "As a progressive and internationally recognised regulator, the FSRA remains committed to strengthening our international standing, upholding market integrity, and fostering sustainable growth. Over the next two years, we will continue to enhance our regulatory framework in line with evolving global best practices."

The FSRA plans to combat financial crime through innovative regulatory measures while advancing responsible technological innovation. This approach ensures that ADGM maintains a secure and well-regulated financial ecosystem that looks towards the future.

With inputs from WAM