ADGM launches support measures for registered businesses – ZAWYA
- Date: 01-Apr-2020
- Source: Zawya
- Sector:Financial Markets
- Country:UAE
ADGM launches support measures for registered businesses – ZAWYA
ADGM launches support measures for registered businesses. The Abu Dhabi Global Market (ADGM), has launched a set of financial and support measures to mitigate the adverse impact of the coronavirus (COVID-19) pandemic on registered entities operating in its financial free zone on Al Maryah Island.. Ahmed Ali Al Sayegh, Minister of State (UAE) and Chairman of Abu Dhabi Global Market, said: "ADGM has prepared a set of support measures to assist our registered entities and the community through this challenging period.. 100% refund of annual Funds fees already paid by FSRA regulated entities for 2020. 50% waiver on any new FSRA Supervision fees to be collected until 31 December 2020.