All fund management companies in ADGM are now required to regularly disclose data for each fund they manage. The Financial Services Regulatory Authority (FSRA) of ADGM has approved the corresponding regulatory updates.
WHAT’S NEW
- Periodic reporting is now mandatory for all Authorized Fund Managers (AFMs) for every fund under management.
- Different requirements for different fund types — reporting frequency, data volume, and templates will depend on the fund’s classification (Domestic, Foreign, Green, Climate Transition, etc.).
- Phased implementation — the regulator provides a transition period to allow the industry to adapt to the new obligations.
- Updates to the FUNDS and GLO Rulebooks — amendments include new reporting formats and expanded data disclosure requirements.
HOW IT WILL WORK IN PRACTICE
If your company manages investment funds in ADGM, you will need to:
- Prepare and submit Periodic Fund Returns for each fund on a regular basis;
- Use the approved templates and forms specific to each fund category;
- Monitor FSRA updates and apply transitional provisions (where applicable to your fund type);
- Ensure that internal processes — data collection, reporting, and compliance control — are aligned with the new requirements.
The new reporting obligations represent a significant compliance commitment that may substantially impact fund operations, particularly for those previously subject to minimal disclosure.
FLEXZO has extensive experience in preparing regular financial reports and providing comprehensive financial support to companies across the UAE.
With the phased implementation now underway, this is the right time to prepare — establish robust internal processes and minimize the risk of non-compliance.
