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Tue, 19.12.2023
Home FINANCE AltNovel Holdings gets Category 3c license from ADGM

AltNovel Holdings gets Category 3c license from ADGM

by Press Room


AltNovel in ADGM
Rep.Image | Courtesy: ADGM

AltNovel Holdings (AltNovel) has obtained its Financial Services Permission (FSP) from Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA).

The Category 3c license is granted to its wholly-owned affiliate AltNovel Capital and enables AltNovel to manage collective investment funds, advise on investments or credit and arrange deals in investments, with a focus on private capital.

Holding a Cat 3C license in ADGM provides financial service providers access to international markets. This enables businesses to…



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