1.
| No Entity may, in the Marketing of any FRVA in the Emirate, include language suggesting that the value of an FRVA is maintained stable relative to its Reference Currency(ies), unless—
|
| | a. | it has a Licence to issue the FRVA and such Licence has not been revoked; and |
| | b.
| the FRVA was issued and is maintained in accordance with these FRVA Rules.
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2.
| VASPs Licensed to issue FRVAs shall, in all Marketing, include clear and unambiguous statements that—
|
| | a.
| the holders of the FRVA have the right to redeem the FRVA at par, and whether such right is directly enforceable against the VASP Issuer; and |
| | b.
| such FRVAs are not covered by any investor protection or deposit guarantee schemes.
|