Regulatory Gate

Free checklist

VARA licensing checklist: from application to full licence

A free one-page checklist of what a virtual asset service provider needs in place to get licensed by VARA in Dubai. Every item links to the rule behind it.

Also see our one-page summary: From IPA to full VARA licence (PDF)

Inside:

  • The Compliance Officer requirements: full-time, at least five years' compliance experience, reporting to the Board.
  • The Travel Rule threshold: originator and beneficiary details before any transfer above AED 3,500.
  • The annual independent penetration test every licensed firm must commission.

General information, not legal advice.