1. |
Issuers are reminded that under the Dubai VA Law and the Regulations, VARA has supervisory, examination and enforcement powers in relation to all Virtual Assets and VA Activities in the Emirate. |
2. |
Issuers must provide VARA with any books or other records requested by VARA to facilitate any investigation and/or examination into the Issuer’s compliance with its obligations under the Regulations including, but not limited to, this VA Issuance Rulebook. |
3. |
Issuers shall ensure that VARA can access all necessary data to perform its examination responsibilities including, but not limited to, that doing so does not violate the local laws of any other jurisdiction in which the Issuer operates.
|