Gold Storage · ADGM · Abu Dhabi Global Market

Gold Storage Inside ADGM — Regulated, Allocated, Zero-Tax

ADGM (Abu Dhabi Global Market) is the UAE's premier international financial centre — LCORE is its dedicated allocated gold storage and DVP settlement operator. Store gold where the regulation lives.

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ADGM
Reg. No. 28158
FSRA
Licensed
0%
Import Duty
English
Common Law
Regulatory Framework

ADGM — the institutional
gold storage jurisdiction

ADGM (Abu Dhabi Global Market) is an international financial centre established by Federal Decree in 2013. It operates as a legally separate jurisdiction from mainland UAE, with its own courts, regulatory authority, and body of law — all based on English Common Law.

FSRA Regulation

LCORE is licensed by the Financial Services Regulatory Authority (FSRA) under the ADGM framework. Reg. No. 28158. Annual compliance reviews. AML/KYC enforced under FATF standards.

English Common Law

ADGM Courts apply English Common Law — the same framework used in London, Singapore, and Hong Kong. International parties can enforce judgments without local law complications.

Independent Courts

ADGM Courts are independent from UAE Federal Courts. International judges. Publicly accessible records. Track record of enforcing creditor rights in financial disputes.

Jurisdiction Comparison

ADGM vs DIFC vs
Mainland UAE

ADGM (LCORE)DIFCMainland UAE
Governing LawEnglish Common LawEnglish Common LawUAE Civil Law (Federal)
Regulatory BodyFSRADFSACBUAE
Court SystemADGM Courts (independent)DIFC CourtsUAE Federal/Emirate Courts
Pre-customs vaultYes — AUH AirportNoMainland customs apply
FATF statusCompliant (Feb 2024)CompliantCompliant
LCORE Registration

Verifying LCORE's
ADGM status

LCORE's ADGM registration is public and verifiable at adgm.com. Registration No. 28158. The registration covers warehouse/storage operations — physical safekeeping, Warehouse Receipt issuance, and client title protection.

What the Licence Covers

Physical safekeeping of precious metals. Issuance of Warehouse Receipts as title documents. Client AML/KYC processes. FSRA compliance reporting.

What It Does Not Cover

LCORE does not hold a Financial Services Provider (FSP) licence. LCORE does not provide financial advice, investment management, or payment services. Storage licence is a separate category from FSP.

FAQ

Frequently asked questions

Why store gold inside ADGM rather than another Abu Dhabi location?
ADGM is the jurisdiction — LCORE's legal entity, documentation, and English Common Law protections all sit within ADGM. Other Abu Dhabi locations lack this regulatory framework. Your storage agreement is governed by the same law as your ADGM brokerage or fund documents.
Can ADGM-registered funds hold gold directly with LCORE?
Yes. ADGM funds, SPVs, and holding companies can open allocated accounts with LCORE. Each bar is serial-numbered and segregated — no co-mingling with other clients' metal.
What is DVP settlement within ADGM?
Delivery Versus Payment (DVP) allows gold ownership to transfer simultaneously with cash settlement, reducing counterparty risk. LCORE's ADGM-based DVP infrastructure supports trades between registered participants without the metal leaving the vault.
What legal framework protects Adgm investors' gold in ADGM?
ADGM operates under English Common Law — the same legal framework governing London's bullion market. Adgm investors benefit from familiar legal remedies, FSRA regulatory oversight, and Warehouse Receipts that function as title documents. In insolvency, WHR holders are first-priority secured creditors.
How is gold insured for Adgm clients at LCORE's vault?
Lloyd's of London policy (brokered by Marsh Ltd, FCA #307511) provides $250M coverage per shipment, covering transit, storage, and handling. Coverage operates under English law with enforceable claims through ADGM Courts.

Regulated. Verified. English Law.

Institutional gold storage under ADGM regulation. Minimum $5M. Confidential consultation.

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