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

UAE Virtual Asset Regulatory Authority (VARA) Regulations CO-VI.D: Company Rulebook VI.D: Insurance

What does CO-VI.D require?

Hold professional indemnity, directors' and officers', commercial crime (or similar) cover for virtual assets in hot wallets and any other cover VARA specifies, adequate to the business and with a regulated insurer; group policies must name the firm and its cover level, and VARA may accept alternative protection for proven reasons.

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