September 2026
VARA Internal Audit Readiness in the UAE: Requirements, Governance, and a Quarterly Cadence
Most guidance on conducting Virtual Assets Regulatory Authority (VARA) audits focuses on one particular aspect of the work: the “audit”. In reality, this is a two-part process specified in Part I, Section G of the Compliance and Risk Management Rulebook. The first is an external audit of financial statements by an independent third party, while […]
Bow Tie Analysis in Risk Management: Mapping Your Key Risk Drivers
Most incident reviews are limited to the same set of information: what happened, when it happened, and who all was involved. Sure, they provide satisfactory and essential answers to the first questions raised by the regulatory agencies and the board in charge of risk management oversight. But they also leave much of the more complex […]