Built for VARA-Licensed VASPs
From license application to ongoing compliance — Haydr handles your entire VARA regulatory lifecycle.
VARA Compliance is Complex
Customer Onboarding (VARA Article 4)
- Enhanced CDD requirements
- Source of funds/wealth verification
- Beneficial ownership (25%+ threshold)
- Unhosted wallet declarations
Haydr Solution: Muraqaba with VASP-specific workflows
Transaction Monitoring (VARA Article 5)
- Travel Rule compliance (<AED 3,669)
- Blockchain analytics required
- Suspicious activity detection
- Real-time monitoring
Haydr Solution: Raqeeb with crypto-specific rules
Regulatory Reporting (VARA Article 12)
- Quarterly compliance reports
- Suspicious activity reports (SARs)
- Incident reporting (24 hours)
- Annual audits
Haydr Solution: One-click report generation
Ongoing Monitoring (VARA Article 7)
- Regulatory updates (frequent)
- Licensing changes
- Guidance notes
- Consultation papers