Wire · regulatory
Firms cannot outsource accountability, even to AI, says Dubai regulator
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 4 September 2026 · Fusion42 review
Dubai's Virtual Assets Regulatory Authority (Vara) mandates that virtual asset firms remain fully accountable for all client interactions and market activities, including those conducted via outsourced vendors or AI systems. Market-facing AI must have a kill switch for firm intervention, reflecting Vara's principles-based, size-calibrated regulatory approach amid rapid sector growth.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must own all outcomes from AI and vendor tools, including losses and errors. This clarity removes any safe harbour and forces you to embed firm control and rapid fail-safes in your AI-driven trading or client systems.
◆ Coverage
1 source · 3 Sep 2026
◆ Related on Wire
◆ Topics