UAE Virtual Asset Regulatory Authority (VARA) Regulations MC-VI.B: Market Conduct Rulebook VI.B: Board and staff dealing and positions

Implement a policy naming virtual assets and entities in which Board members and staff may not hold positions, shares or directorships and the forms for approvals and notifications; require prior written approval for opening, changing or closing virtual asset positions, changing outside shareholdings or taking outside directorships likely to create conflicts; collect six-monthly declarations of positions, transactions, shareholdings and directorships with remuneration; require divestment or resignation where a conflict arises; and inform staff of these duties in writing before they start.