Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC), has announced that the Registration Authority (RA) of ADGM has become a member of the International Forum of Independent Audit Regulators (IFIAR).
The RA and ADGM’s jurisdiction joins 55 other members representing key international markets, including the tthe UK and USA.
Several prominent global organisations are also observers of IFIAR meetings, including the International Organisation of Securities Commodities (IOSCO), the Basel Committee of Banking Supervision (BCBS), the Financial Stability Board (FSB), and the World Bank.
Commenting on attaining membership, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM, said: “We are honoured to be a member of IFIAR, an international leader on audit matters whose mission is to serve the public interest, including investors. The RA’s membership further reinforces ADGM’s position within a global network dedicated to enhancing audit oversight globally. It underscores our commitment in this space, positioning ADGM as a dynamic contributor to the evolving regulatory dialogue on a global scale.”