UAE DU VARA Company Rulebook

Published on: Jun 4, 2025

On May 19, UAE DU VARA published Company Rulebook for VASPs.

  • UAE DU VARA published the Company Rulebook whose rules have a binding effect.
  • Follows UAE DU VARA May 2025 issued activity-based rulebook version 2.0, #255338.
  • Document dated May 19, 2025, was received on Jun. 4, due to a fixed feed.
  • Main Points
  • The Rulebook is available in a pdf format; its sections are also available separately.
  • It is issued pursuant to, and forms part of, the Virtual Assets and Related Activities Regulations 2023, and applies to all VASPs licensed to carry out any VA activity.
  • The Rulebook's parts are : Part I-Company Structure; Part II-Corporate Governance.
  • Part III-Fit and Proper Requirements; Part IV-Outsourcing Management; Part V-ESG.
  • Part VI-Capital and Prudential Requirements; Part VII-Insolvency and Wind Down.
  • Part VIII-Material Change to Business or Control; and Schedule 1-Definitions.
  • Effectiveness
  • The Rulebook shall take effect on Jun. 19, 2025.
Regulators
UAE DU VARA
Entity Types
Auditor; B/D; Exch; IA; Inv Co; MSB
Reference
RF, 5/19/2025; ESG
Functions
Accounting; Compliance; C-Suite; Environment; Financial; Operations; Outsourcing; Reporting; Resolution; Risk; Social; Treasury
Countries
United Arab Emirates
Category
State
N/A
Products
Cryptocurrency; Fund Mgt; Securities
Rule Type
Final
Regions
EMEA
Rule Date
May 19, 2025
Effective Date
Jun 19, 2025
Rule ID
256812
Linked to
Rule :255338
Reg. Last Update
May 19, 2025
Report Section
International