UAE Virtual Asset Regulatory Authority (VARA) Regulations
Company Rulebook – UAE Virtual Asset Regulatory Authority (VARA) Regulations

UAE Virtual Asset Regulatory Authority (VARA) Regulations CO-IV.C: Company Rulebook IV.C: Outsourcing policy, register and oversight

What does CO-IV.C require?

Maintain an outsourcing policy covering risk assessment and materiality, risk and conflict management, approval criteria, roles, retained responsibilities, handling provider breaches and periodic review; keep a register of all group outsourcing listing provider, scope, location, dates, contacts, materiality, personal data and confidential information involved; and monitor providers' performance, finances and risks through staff with expertise, with regular review of the monitoring itself.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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