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E. Regulatory Status, Marketing and Disclosures

1.Regulatory status. Notwithstanding Rule VII.E.2.c of this Compliance and Risk Management Rulebook, for the purposes of Regulation III.A.1.a of the Regulations, all Sponsored VASPs established and maintained in accordance with this Part VII of the Compliance and Risk Management Rulebook, shall be deemed as authorised and Licensed by VARA for the VA Activities which the application for approval under Rule VII.D of this Compliance and Risk Management Rulebook relates and as approved by VARA under Rule VII.D.1.e.
2.
Marketing. In all Marketing, Regulated Sponsors shall ensure that Sponsored VASPs—
 
a.comply with the Marketing Regulations;
b.include the name and Licence number of the Regulated Sponsor; and
c.clearly indicate that they are a Sponsored VASP, and not a VARA Licensed VASP.
 
3.
Public disclosures and risk disclosure statement. In addition to all other requirements regarding disclosures required under the Regulations, Marketing Regulations, Rules or Directives, Regulated Sponsors shall ensure that all Sponsored VASPs provide the following information in an easily accessible location, in a machine-readable format, and that it is kept accurate and up-to-date at all times—
 
a.the name of their Regulated Sponsor and the Licence number issued to the Regulated Sponsor by VARA;
b.the authorisation number issued to the Sponsored VASP by VARA;
c.all VA Activities they are authorised by VARA to carry out in the Emirate, including any restrictions stated by VARA as a condition of their authorisation, and the validity period of such authorisation; and
d.the name of the Sponsored VASP's Responsible Officer appointed in accordance with Rule VII.G below.