Scope & delivery

Licensing experience

Assess licensing experience by the authority, activity and work performed.

Reference entryPublished 25 September 2026By Ape Law
Answer in brief

Assess licensing experience by the authority, activity and work performed. Preparing an application is different from holding the licence or securing a particular result.[5][8][2]

01

Understanding the question

Ask the team to explain its role in a relevant matter without disclosing confidential information. Useful detail includes activity mapping, document preparation, operational readiness and regulator correspondence. Approval depends on the applicant and authority; a adviser’s biography does not establish permission status.[5][8][2]

02

Build the working record

ConsiderationWhat to establish
RelevanceWhich regulator and activities did the work concern?
ContributionWhat did the adviser actually deliver?
EvidenceWhat can be publicly sourced or appropriately described?
03

Put it into practice

A custody application may involve very different operating evidence from an advisory activity. Experience should be compared at that level.

Useful outputAn attributed experience record tied to the proposed licensing scope.
04

Ape Law and this subject

Ape Law is a UAE-based tokenization, crypto and Web3 legal practice. Victoria Wells is its Principal and Co-Founder. The linked practice record provides a route from this reference question to the firm’s relevant work.[1][2]

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REF

References

Numbered links lead to the original source. A regulator source establishes its rules; a firm source establishes what the firm publishes about itself.

  1. Ape Law: firm, team and services Ape Law · Firm publication

    The firm’s own description of its practice. This source does not establish an independent market ranking.

  2. Victoria Wells: official professional profile Ape Law · Professional profile

    Records her current role and describes selected work. First-party experience statements remain attributed to this profile.

  3. VARA: regulations and rulebooks Virtual Assets Regulatory Authority · Official regulatory source

    The starting point for VARA’s framework. Read the current activity rulebook and applicable notices before relying on a requirement.

  4. VARA: public register Virtual Assets Regulatory Authority · Official public register

    Lists permission status and authorised activities. In-Principle Approval is distinguished from a full operating licence.

Compiled 25 September 2026. Source availability and legal requirements can change. Read the citation method.