Freedom Broker Global Markets, a subsidiary of US-listed Freedom Holding Corp (FRHC), has obtained a financial services licence from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval positions Abu Dhabi as a key hub in the company’s international expansion strategy and marks a major milestone in its global operations.
The UAE has emerged as a prominent financial centre, known for its rapidly evolving markets, strong regulatory framework, and increasing significance as a global capital hub. With the ADGM licence, Freedom Broker Global Markets is authorised to conduct a wide range of financial activities, including dealing in investments as matched principal, providing custody services, managing assets, arranging investment deals, and offering investment or credit advice. This broad mandate allows the company to deliver full-scale brokerage and investment services to both international and high-net-worth clients while supporting the growth of local capital markets.
Vladimir Pochekuev, partner at Freedom Holding Corp and chairman of the board of Freedom Management—the ADGM-registered holding company overseeing FRHC’s assets in the UAE—said the licence demonstrates confidence in the firm’s global operations. He described the UAE presence as more than just a business expansion, calling it a “long-term commitment” to contributing to the country’s financial ecosystem by bringing global expertise and advanced infrastructure.
“The ADGM licence is a significant milestone for us and a strong endorsement from one of the world’s leading financial jurisdictions. We aim to support the development of a transparent and sophisticated capital market in the UAE,” Pochekuev added.
The regulatory approval from ADGM highlights the trust placed in Freedom’s operations and reflects the company’s dedication to compliance with international standards. The licence enables Freedom Broker Global Markets to actively participate in the UAE’s financial landscape, reinforcing the country’s role as a regional and global financial centre.
Freedom Holding Corp, which operates across more than 20 countries, has steadily expanded its global footprint in recent years. Its move into Abu Dhabi aligns with a broader strategy to establish regional hubs that can serve high-net-worth and institutional clients, while also contributing to the development of local capital markets through sophisticated investment and brokerage services.
The establishment of Freedom Broker Global Markets in Abu Dhabi is expected to create new opportunities for clients seeking international financial services, offering access to a comprehensive range of investment solutions backed by global expertise. This development positions the UAE as a strategic location in the company’s ongoing global growth plans and underscores its commitment to participating actively in the evolution of regional financial markets.
