ADGM Special Purpose Vehicle /SPV/ regime wins strong industry endorsement

ABU DHABI, 29th January, 2017 (WAM) — ADGM, the international financial centre in Abu Dhabi, has welcomed and successfully registered more than 50 Special Purpose Vehicles (SPVs) to date with continuous strong interests from local and international business communities. The innovative ADGM SPV regime, benchmarked against leading international jurisdictions in terms of features, cost and ease of set-up, has gained exceptional industry recognition and business endorsements even before its official launch on 24th January, 2017.