ADGM sets up data protection office

Abu Dhabi Global Market (ADGM) Registration Authority has established an Office of Data Protection to carry out the administration of ADGM’s data protection regime. The office aims to foster a secure and trusted environment for both companies and individuals, in line with ADGM’s strategy to be a leading international financial centre that provides the most reliable services that are benchmarked against internationally recognised standards. ADGM’s data protection regime, which is based on current international standards, applies to all companies operating in the free zone that collect and process personal data. “Having strong data protection credentials is critical for an IFC, and plays an important role in developing recognition and the trust of companies,” said Dhaher Al Mheiri , chief executive, Registration Authority of ADGM.