ADGM Exempt Fund: sourced answers
3 answers to specific questions — each with a verbatim quote from an official source and a link to it.
Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.
Fund: supplement to the legal-form questionnaire
How is the fund admitted by the regulator: registration, notification, authorisation, consent, recognition or no admission
Exempt and QIF launch by notification
«h successive calendar year. 8.2 Notifications in relation to Exempt Funds and Qualified Funds 8.2.1 The Fund Manager or the Person proposing to be the Fund Manager of a Domestic Fund which is an Exempt Fund or a Qualified Investor Fund, but which is not an Umbrella Fund that notifies the Regulator of their intention to offer the Units of such Fund, is required to pay to the Regulator an annual notification fee of $2,000, prorated for the remainder of the calendar year for the initial year and thereafter due in full at the commencement of each successive calendar year. 8.2.2 The Fund Manager of an Exempt Fund, or a Qualified Investor Fund, that is an Umbrella Fund, is required to pay an annual notification renewal fee of $2,000 to the Regulator in respect of the Umbrella Fund and its first Sub-Fund and an additional annual notification renewal fee of $1,000 for each additional Sub-Fund of the Umbrella Fund, prorated for the remainder of the calendar year and thereafter due in full at the commencement of each successive calendar year.»
Source: assets.adgm.com · source copy as of 2026-10-03
«Notification Form Financial Services Regulatory Authority (FSRA) Exempt Fund or Qualified Investor Fund – Notification Form - (FEQN) This notification form should be submitted by an FSRA Authorised Person (Fund Manager), or a Foreign Fund Manager, when notifying the FSRA that it is about to establish a new Domestic Fund1 categorised as either an Exempt Fund or a Qualified Investor Fund in accordance with the notification requirements under Section 112 of the Financial Services and Markets Regulations 2015 (FSMR). This notification form will not be accepted by the FSRA until after an Applicant for authorisation has fully completed the licensing process and becomes an Authorised Person, or a Foreign Fund Manager has successfully submitted the Foreign Fund Manager Form (FFM). The FSRA expects that any relevant waivers / modifications should have been granted (and any other policy issues resolved) prior to the submission of this notification»
Source: assets.adgm.com · source copy as of 2026-10-03
Exempt Funds and Qualified Investor Funds are notified to the regulator instead of being licensed as products
«h successive calendar year. 8.2 Notifications in relation to Exempt Funds and Qualified Funds 8.2.1 The Fund Manager or the Person proposing to be the Fund Manager of a Domestic Fund which is an Exempt Fund or a Qualified Investor Fund, but which is not an Umbrella Fund that notifies the Regulator of their intention to offer the Units of such Fund, is required to pay to the Regulator an annual notification fee of $2,000, prorated for the remainder of the calendar year for the initial year and thereafter due in full at the commencement of each successive calendar year. 8.2.2 The Fund Manager of an Exempt Fund, or a Qualified Investor Fund, that is an Umbrella Fund, is required to pay an annual notification renewal fee of $2,000 to the Regulator in respect of the Umbrella Fund and its first Sub-Fund and an additional annual notification renewal fee of $1,000 for each additional Sub-Fund of the Umbrella Fund, prorated for the remainder of the calendar year and thereafter due in full at the commencement of each successive calendar year.»
Source: assets.adgm.com · source copy as of 2026-10-03
«Notification Form Financial Services Regulatory Authority (FSRA) Exempt Fund or Qualified Investor Fund – Notification Form - (FEQN) This notification form should be submitted by an FSRA Authorised Person (Fund Manager), or a Foreign Fund Manager, when notifying the FSRA that it is about to establish a new Domestic Fund1 categorised as either an Exempt Fund or a Qualified Investor Fund in accordance with the notification requirements under Section 112 of the Financial Services and Markets Regulations 2015 (FSMR). This notification form will not be accepted by the FSRA until after an Applicant for authorisation has fully completed the licensing process and becomes an Authorised Person, or a Foreign Fund Manager has successfully submitted the Foreign Fund Manager Form (FFM). The FSRA expects that any relevant waivers / modifications should have been granted (and any other policy issues resolved) prior to the submission of this notification»
Source: assets.adgm.com · source copy as of 2026-10-03
Launch by notification
«h successive calendar year. 8.2 Notifications in relation to Exempt Funds and Qualified Funds 8.2.1 The Fund Manager or the Person proposing to be the Fund Manager of a Domestic Fund which is an Exempt Fund or a Qualified Investor Fund, but which is not an Umbrella Fund that notifies the Regulator of their intention to offer the Units of such Fund, is required to pay to the Regulator an annual notification fee of $2,000, prorated for the remainder of the calendar year for the initial year and thereafter due in full at the commencement of each successive calendar year. 8.2.2 The Fund Manager of an Exempt Fund, or a Qualified Investor Fund, that is an Umbrella Fund, is required to pay an annual notification renewal fee of $2,000 to the Regulator in respect of the Umbrella Fund and its first Sub-Fund and an additional annual notification renewal fee of $1,000 for each additional Sub-Fund of the Umbrella Fund, prorated for the remainder of the calendar year and thereafter due in full at the commencement of each successive calendar year.»
Source: assets.adgm.com · source copy as of 2026-10-03
«Notification Form Financial Services Regulatory Authority (FSRA) Exempt Fund or Qualified Investor Fund – Notification Form - (FEQN) This notification form should be submitted by an FSRA Authorised Person (Fund Manager), or a Foreign Fund Manager, when notifying the FSRA that it is about to establish a new Domestic Fund1 categorised as either an Exempt Fund or a Qualified Investor Fund in accordance with the notification requirements under Section 112 of the Financial Services and Markets Regulations 2015 (FSMR). This notification form will not be accepted by the FSRA until after an Applicant for authorisation has fully completed the licensing process and becomes an Authorised Person, or a Foreign Fund Manager has successfully submitted the Foreign Fund Manager Form (FFM). The FSRA expects that any relevant waivers / modifications should have been granted (and any other policy issues resolved) prior to the submission of this notification»
Source: assets.adgm.com · source copy as of 2026-10-03
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