UAE Virtual Asset Regulatory Authority (VARA) Regulations
The Dubai Virtual Asset Regulatory Authority (VARA), established by Law No. 4 of 2022, is the world's first independent regulator dedicated to virtual assets. VARA regulates virtual asset service providers (VASPs) operating in or from Dubai (excluding DIFC). Comprehensive rulebooks cover: company, compliance and risk management, market conduct, technology and information, issuance, exchange, broker-dealer, lending/borrowing, custody, management/investment, and transfer/settlement services.
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Framework Domains (6)
Activity-Specific Rulebooks
| Code | Title |
|---|---|
| AS-1 | Advisory Services |
| AS-2 | Exchange Services |
| AS-3 | Custody Services |
| AS-4 | Broker-Dealer Services |
| AS-5 | Lending and Borrowing |
Company Rulebook
| Code | Title |
|---|---|
| CR-1 | Legal Entity Requirements |
| CR-2 | Minimum Capital Requirements |
| CR-3 | Fitness and Propriety |
| CR-4 | Corporate Governance |
Compliance and Risk Management Rulebook
| Code | Title |
|---|---|
| CRM-1 | AML/CFT Compliance |
| CRM-2 | Sanctions Compliance |
| CRM-3 | Risk Management Framework |
| CRM-4 | Business Risk Assessment |
| CRM-5 | FATF Travel Rule |
Market Conduct Rulebook
| Code | Title |
|---|---|
| MC-1 | Senior Management Support |
| MC-2 | Compliance Culture |
| MC-3 | Dedicated Compliance Officer |
| MC-4 | Resource Allocation |
| MC-5 | Disclosure Requirements |
Technology and Information Rulebook
| Code | Title |
|---|---|
| TI-1 | STIX Framework for Space |
| TI-2 | TAXII Transport Protocol |
| TI-3 | Indicator of Compromise Sharing |
| TI-4 | Threat Correlation and Analysis |
Virtual Asset Issuance Rulebook
| Code | Title |
|---|---|
| VAI-1 | Whitepaper Requirements |
| VAI-2 | Issuer Obligations |
| VAI-3 | Prohibition on Privacy Coins |
| VAI-4 | Investor Protection |
Maps to 464 other frameworks
Frequently Asked Questions
What is UAE Virtual Asset Regulatory Authority (VARA) Regulations?
UAE Virtual Asset Regulatory Authority (VARA) Regulations is a compliance framework from United Arab Emirates — Dubai with 6 domains and 27 controls. The Dubai Virtual Asset Regulatory Authority (VARA), established by Law No. 4 of 2022, is the world's first independent regulator dedicated to virtual assets. VARA regulates virtual asset service providers (VASPs) operating in or from Dubai (excluding DIFC). Comprehensive rulebooks cover: company, compliance and risk management, market conduct, technology and information, issuance, exchange, broker-dealer, lending/borrowing, custody, management/investment, and transfer/settlement services. It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.
How many controls does UAE Virtual Asset Regulatory Authority (VARA) Regulations have?
UAE Virtual Asset Regulatory Authority (VARA) Regulations has 27 controls organised across 6 domains. The largest domains are Activity-Specific Rulebooks (5 controls), Compliance and Risk Management Rulebook (5 controls), Market Conduct Rulebook (5 controls). Each control defines specific requirements that organisations must implement to achieve compliance.
What frameworks does UAE Virtual Asset Regulatory Authority (VARA) Regulations map to?
UAE Virtual Asset Regulatory Authority (VARA) Regulations maps to 464 other compliance frameworks. The top mapping partners are European Accessibility Act (Directive (EU) 2019/882) (30% coverage), US SEC Digital Assets and Crypto Regulatory Framework (30% coverage), Notifiable Data Breaches Scheme (Australia) (30% coverage). Use our comparison tool to explore control-level mappings between frameworks.
How do I get started with UAE Virtual Asset Regulatory Authority (VARA) Regulations compliance?
Start your UAE Virtual Asset Regulatory Authority (VARA) Regulations compliance journey by running a self-assessment on our platform to identify your current compliance posture. Our AI advisory can answer specific questions about UAE Virtual Asset Regulatory Authority (VARA) Regulations requirements, and cross-framework mapping helps you leverage existing controls from other frameworks you may already comply with. Create a free account to access all 27 controls and track your progress.
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