UAE Virtual Asset Regulatory Authority (VARA) Regulations
Market Conduct Rulebook – UAE Virtual Asset Regulatory Authority (VARA) Regulations

UAE Virtual Asset Regulatory Authority (VARA) Regulations MC-IV: Market Conduct Rulebook IV: Investor classifications

Serve only the investor classes VARA permits under the rules and licence. Retail investors are all others; qualified investors are individuals with relevant knowledge and either net assets of at least AED 3.5 million (excluding primary residence, insurance and pension rights, and counting only half of virtual asset holdings, with documentary proof checked periodically) or annual income of AED 700,000, or entities with AED 3.5 million net assets on the same basis and knowledgeable directors; institutional investors are regulated financial entities, VASPs, knowledgeable governments, central banks and knowledgeable multilateral agencies. The firm must define how knowledge is shown and demonstrate it to VARA on request.

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