VARA No Objection Certificates: Proprietary Trading, DLT Services & Category 2 Issuance

Explains VARA’s No Objection Certificate regime, covering proprietary trading, distributed ledger technology services, and Category 2 token issuance, including registration thresholds, disclosure requirements, and compliance obligations for entities operating in Dubai.

VARA Transfer and Settlement Services: What you Need to Know

Explains VARA’s Transfer and Settlement Services License, covering compliance with UAE regulations, client consent and authorization, disclosure of risks, error handling, exchange interactions, default management, capital requirements, and fees for VASPs in Dubai.

VARA Investment and Management Services: What you Need to Know

Explains VARA’s Investment and Management Services License, covering client suitability, competence of management teams, consent and transparency, integrity in asset management, marketing restrictions, capital requirements, and fees for VASPs in Dubai.

VARA Custody Services License: What you Need to Know

Explains VARA’s Custody Services License, covering client asset protection, wallet architecture, governance, segregation of assets, operational realities, cost considerations, and compliance standards for VASPs in Dubai.

VARA Advisory Services License: What you Need to Know

Explains VARA’s Advisory Services License, covering the threshold for regulated advice, competency requirements, client suitability, independence, disclosure obligations, and compliance standards for VASPs in Dubai.

VARA Lending and Borrowing Services License: What you Need to Know

Explains VARA’s Lending and Borrowing Services License, covering capital requirements, collateral safeguards, disclosures, and compliance obligations for VASPs in Dubai.

VARA Exchange Services License: What you Need to Know

Explains VARA’s Exchange Services License, covering governance, capital requirements, disclosures, and compliance obligations for trading platforms in Dubai.

VARA Custody Services: Key Requirements and Compliance

Explains VARA’s custody framework, safeguarding client assets, governance obligations, and compliance standards.

VARA Broker-Dealer License: What you Need to Know

Explains VARA’s broker-dealer framework, requirements, updated rules, costs, and Rasma Legal’s support.

The VARA Licensing Process: What you Need to Know

Explains the two-stage VARA licensing framework, ATI approval, full application requirements, and compliance obligations.

Understanding VARA’s Regulatory Framework and Cross-Jurisdictional Coordination

Explains VARA’s jurisdiction, cooperation with SCA and DFSA, licensing coordination with free zones and DET, AML/CFT obligations, and its relationship with the UAE Central Bank.