10 Leaves

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/adgm-spvs-as-holding-companies Why hold assets in an ADGM SPV? What are the benefits and uses? Flexibility of ownership Shareholding in operational companies: Holding shares in operational companies in the name of an SPV, instead of in individual names, helps better manage business-related liabilities, and also pr...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/adgm-spvs-as-securitisation-vehicles What are the benefits of setting up a securitisation vehicle in the ADGM? In the ADGM, securitisation of a wide range of assets, loans, bonds, incomes and risks is allowed. In addition to this, risks related to debt, movable or immovable property, tangible and intangible assets...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/corporate-governance-for-adgm-spvs Companies established in the Abu Dhabi Global Market are expected to implement and maintain a robust corporate governance framework. These include annual filings, event-driven filings, beneficial ownership controls, and conformance to the Economic Substance regulations that have...

This episode is also available as a blog post: https://10leaves.ae/publications/difc/guide-to-providing-money-services-business-licenses-in-the-difc The DFSA categorises the range of activities that comprise the Money Services Business into two groups: 1) Arranging and Advising on Money Services and 2) Providing Money Services. Arranging or Advising on Money Service actives come under a  Cate...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/luxembourg-limited-partnership What is a Luxembourg Limited Partnership? Limited partnerships are fund types that usually have illiquid strategies. They have been modelled on partnerships that can be setup in other jurisdictions such as United States, United Kingdom and the Cayman Islands. Such funds invest...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/new-adgm-company-service-provider-regime The Abu Dhabi Global Market (ADGM) has been open for business only since October 2015, but it has already garnered much praise and respect over its efforts to differentiate itself through unique offerings. It pioneered the FinTech Abu Dhabi summit, attended by over five hun...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/holding-intellectual-property-using-adgm-spv Identification, protection and exploitation of IP Identifying valuable IP is a process in itself. Both management and staff have to perform this exercise on a consistent basis, especially in edutech enterprises. Multi-jurisdictional firms may face an additional challeng...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/adgm-issues-digital-investment-management-license-10-leaves Robo-advisors are a class of financial adviser that provide financial advice or Investment management online with moderate to minimal human intervention. They provide digital financial advice based on mathematical rules or algorithms, and use technology t...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/using-adgm-spvs-as-holding-structures-for-startups So how can we use these flexible structures as holding companies for startups? Well, Startups in the region face a daunting task. It is not easy to operate a fledgling company in the region, even with all the incentives that are currently in place for entrepreneur...

This is a podcast-only feature! Startups seeking financing often turn to venture capital firms . These firms can provide capital; strategic assistance; introductions to potential customers, partners, and employees; and much more. However, venture capital financings are not easy to obtain or close. Entrepreneurs will be better prepared to obtain venture capital financing if they understand the proc...

This is a podcast-only feature! Venture investors will want to make sure that the founders have incentives to stay and grow the company. If the founders’ stock is not already subject to a vesting schedule, the venture investors will likely request that the founders’ shares become subject to vesting based on continued employment, and then become “earned”. Standard vesting for employees is monthly v...

This is a podcast-only feature! Startups seeking financing often turn to venture capital firms . These firms can provide capital; strategic assistance; introductions to potential customers, partners, and employees; and much more. However, venture capital financings are not easy to obtain or close. Entrepreneurs will be better prepared to obtain venture capital financing if they understand the proc...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/special-purpose-acquisition-company-spac-options-in-luxembourg What are Special Purpose Acquisition Companies, or SPACs? A SPAC is an acquisition vehicle typically created by experts in specific sectors, for example, in technology. The primary objective of an S PAC is to acquire an existing entity that is in...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/green-funds-and-sustainable-finance-options-in-luxembourg What are social impact funds? Social impact and green funds are investment funds that have integrated environmental, social and governance factors (ESG) into their investment process. These ESG funds invest into businesses that are environmentally fri...

This episode is a podcast-only feature! Do also visit us at https://10leaves.ae/publications/difc/new-difc-venture-capital-funds-regime Why setup a Venture Capital Fund in the DIFC? The DIFC is a leading financial hub in the region. Besides offering a wide range of financial service activities, the centre also provides an integrated environment and world-class standard of living. It is well regard...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/cost-of-setting-up-a-holding-company-in-the-adgm Consolidation and management of assets is one of the key points of concern for investors worldwide, and even more so in the GCC. A growing investor ecosystem, coupled with the high density of family wealth in the region, call for robust structures that can help high...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/guide-to-the-adgm-category-3c-fund-manager-license ADGM Fund Manager License: Firms interested in managing funds from the ADGM are required to submit applications to the Financial Services Regulatory Authority, or FSRA. The FSRA has a fast-track process for Fund Manager licenses, which come under Category 3C . The...

This episode is also available as a blog post: https://10leaves.ae/publications/difc/difc-licensing-categories DIFC Licensing categories Firms interested in carrying out financial services from the DIFC are required to submit applications to the Dubai Financial Services Authority, or DFSA. The type of business that the applicant wishes to engage in defines the category of Licence that is required....

This episode is also available as a blog post: https://10leaves.ae/publications/difc/guide-to-the-difc-crowdfunding-business-license Firms interested in carrying out crowdfunding activities from the DIFC are required to submit applications to the Dubai Financial Services Authority, or DFSA. The DFSA, for the purposes of authorisation and supervision, categorises the crowdfunding business as a Cate...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/hedge-funds-in-luxembourg Luxembourg funds and the GCC Luxembourg is a jurisdiction of choice for investors based in the GCC. While the Dubai International Financial Centre (DIFC) and the Abu Dhabi Global Market (ADGM) also offer fund structures, Luxembourg funds have more diverse options, including SLPs – t...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/debt-funds-in-luxembourg Why set up a debt fund in Luxembourg? Luxembourg is a leading jurisdiction for investment funds and the second largest investment fund centre in the world after the United States. It is the largest fund jurisdiction in the European Union, with more than Euro five trillion of assets u...

This episode is also available as a blog post: https://10leaves.ae/publications/adgm/adgm-foundations-regime ADGM Foundations Regime provides a viable alternative to trusts for legacy planning and financial structuring. ADGM offers foundations incorporated under Common-Law for the first time in the region. What are Foundations? A foundation is governed by its Charter, which is a publicly available...

Have you got bored listening to lengthy podcasts, that don’t seem to reach any conclusion, before at least 30 minutes have passed?? This, is not one of them. Presenting 10 Leaves Podcasts You have enjoyed our engaging videos , that give you precise information, in under two minutes You have seen, referred to, and appreciated our website , which is considered the most informative in the business. N...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/fund-of-funds-in-luxembourg What is a fund of funds? A fund of funds, or FoF, is a fund that invests into other funds. The FoF does not invest directly in underlying assets such as securities, bonds or real estate. Instead, it invests into portfolios of other funds. In some jurisdictions, FoFs are also refer...

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/sicav-in-luxembourg Why set up a SICAV in Luxembourg? Luxembourg is a leading jurisdiction for investment funds and the second largest investment fund centre in the world after the United States. It is the largest fund jurisdiction in the European Union, with more than Euro five trillion of assets under mana...