ADGM

Bhutan’s DK Bank gets ADGM in-principle approval for Abu Dhabi expansion

Bhutan’s DK Bank has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority to establish a regulated subsidiary in Abu Dhabi. The approval gives the bank a pathway toward its first financial services presence outside Bhutan. DK plans to offer brokerage, custody, payments…

• Country: United Arab Emirates

Capital Group secures ADGM licence to expand Middle East operations

Capital Group, which manages $3.6 trillion in assets, has secured a licence from the Financial Services Regulatory Authority of Abu Dhabi's ADGM to operate as a regulated investment manager and expand operations across the region. The development comes after the company announced plans to set up…