Business
Freedom Broker Global Markets secures ADGM financial services permission
Freedom Broker Global Markets, a subsidiary of Freedom Holding Corp. (FRHC), has received a Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), marking a further expansion of the group’s presence in the UAE.
Freedom Holding Corp. is a US-listed international financial group operating in more than 20 countries. The newly granted licence represents a key milestone in the group’s global growth strategy and positions Abu Dhabi as one of its strategic hubs for international expansion.
The UAE continues to distinguish itself through a rapidly developing financial ecosystem, a strong regulatory framework and an increasingly prominent role as a global capital hub. Under the ADGM permission, Freedom Broker Global Markets is authorised to conduct a range of regulated activities, including dealing in investments as matched principal, providing custody and managing assets, as well as arranging deals in investments and advising on investments or credit. The scope of the licence enables the firm to offer comprehensive brokerage and investment services to international and high-net-worth clients, while contributing to the development of local capital markets.
Commenting on the approval, Vladimir Pochekuev, Partner at Freedom Holding Corp. and Chairman of the Board of Freedom Management, the ADGM-registered holding company managing FRHC’s assets in the UAE, said: “Obtaining an ADGM licence is a great honour for us and a strong vote of confidence from one of the world’s most respected financial jurisdictions. We view our presence in the UAE not merely as a business expansion, but as a long-term commitment to contributing to the country’s financial ecosystem – bringing global expertise, advanced infrastructure, and supporting the development of a transparent and sophisticated capital market.”
The regulatory approval from ADGM reflects a high level of trust in Freedom’s operations and underscores Freedom Holding Corp.’s continued commitment to operating in full compliance with international regulatory standards.
