Episode 02.2 · VARA Compliance Series
What does VARA require regarding company governance and ownership?
Under the Company Rulebook, VASPs must maintain clear ownership structures, fit-and-proper senior management, and transparent board governance with designated local officers. They must also hold minimum paid-up capital and liquid asset reserves, and every key individual must pass VARA's fit-and-proper assessment.
Episode 02.2 — Chapter 2: The Core Rulebook Architecture | VARA Compliance Series.
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Arakan Lexara Weekly
Key developments and what they mean, what firms are asked to do, and the deadlines coming up — from the DFSA, FSRA, VARA, CBUAE, FTA and more. Read the latest