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### title: "araconnect@vara.aev :ﺻﻧدوق ﺑرﯾد 9292 دﺑﻲ، اﻹﻣﺎرات اﻟﻌرﺑﯾﺔ اﻟﻣﺗﺣدة - ﺳُﻠطﺔ ﺗﻧظﯾم اﻷﺻول اﻻﻓﺗراﺿﯾﺔ ", ### content: "varaconnect@vara.ae - PO Box 9292, Dubai, UAE - Virtual Assets Regulatory Authority\nCustody Services Rulebook \n7 February 2023 \n \n \n \n \naraconnect@vara.aev :ﺻﻧدوق ﺑرﯾد 9292 دﺑﻲ، اﻹﻣ...
### title: "PART I – ADDITIONAL BOARD REQUIREMENTS .................................................................................. 4 ", ### content: "A. Board constitution ...................................................................................................................................................
### title: "Board remuneration reporting requirements ............................................................................................................ 6", ### content: ""
### title: "PART II – POLICIES, PROCEDURES AND PUBLIC DISCLOSURES ................................................... 7 ", ### content: "A. Policies and procedures ......................................................................................................................................................... ...
### title: "PART III – VA STORAGE AND CUSTODY RULES ................................................................................... 9 ", ### content: "A. General requirements ..............................................................................................................................................
### title: "VA Wallet management ..................................................................................................................................................... 10", ### content: ""
### title: "Additional obligations.......................................................................................................................................................... 12 ", ### content: "SCHEDULE 1 – DEFINITIONS .......................................................................................
### title: "Part I – Additional Board Requirements ", ### content: "A. Board constitution \n1. The Board of a VASP providing Custody Services shall consist of executive directors and non-\nexecutive directors, with a minimum of one [1] director qualifying as an independent director as \nset out below. \n2. The Board ...
### title: "Board remuneration reporting requirements ", ### content: "1. On an annual basis, VASPs providing Custody Services shall submit to VARA the following \ninformation— \na. details of all compensation and/or remuneration of all members of the Board and its \ncommittees, including but not limited to salaries...
### title: "Part II – Policies, Procedures and Public Disclosures ", ### content: "A. Policies and procedures \n1. In addition to all other requirements in the Regulations and Rulebooks, VASPs providing Custody \nServices shall establish, implement and enforce appropriate written internal policies and \nprocedures re...
### title: "Part III – VA Storage and Custody Rules ", ### content: "A. General requirements \n1. VASPs that provide Custody Services must comply with the provisions in this Part III of this \nCustody Services Rulebook. \n2. To the extent any provisions are inconsistent with the Client VA Rules in the Compliance and \...
### title: "VA Wallet management ", ### content: "1. Hot and cold Virtual Asset storage. \na. VASPs providing Custody Services shall at all times maintain appropriate certifications \nas may be required under industry best practices applicable to the safekeeping of Virtual \nAssets. \nb. VASPs providing Custody Servic...
### title: "Additional obligations ", ### content: "1. Written agreements with clients. \na. In addition to all applicable requirements in the Market Conduct Rulebook, Client \nAgreements entered into between VASPs providing Custody Services and clients should \ninclude the following— \ni. description of the overall ...

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