INTERNATIONAL: Registrars of Astana Financial Services Authority and Abu Dhabi Global Markets Registration Authority Sign Statement Of Cooperation

Tuesday June 12 2018

On 12^th June 2018 the Astana Financial Services Authority (AFSA) Registration Authority of Abu Dhabi Global Market (ADGM) signed a Statement of Cooperation.

The objective of the Statement of Cooperation will provide mutual understanding of the legislative, procedural and information technology frameworks in their respective jurisdictions in the area of registering companies and other legal entities.

Parties have also agreed to provide mutual assistance and to share ‘best practice’ necessary to facilitate the performance of the functions of each Authority, and mutual training and secondment opportunities for the staff of each Authority. Agreement will enhance the exchange of information on public events taking place in both jurisdictions with relevance to the operations of a registry, and to exchange of views between the Authorities about matters of common interest, such as the development of international standards impacting on registries and trends in the development of registries’ services and operations.

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