1. Crypto-asset service providers providing transfer services for crypto-assets on behalf of clients shall conclude an agreement with their clients to specify their duties and their responsibilities. Such agreement shall include at least the following:
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(a) |
the identity of the parties to the agreement; |
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(b) |
a description of the modalities of the transfer service provided; |
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(c) |
a description of the security systems used by the crypto-asset service provider; |
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(d) |
fees applied by the crypto-asset service provider; |
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(e) |
the applicable law. |
2. ESMA, in close cooperation with EBA, shall issue guidelines in accordance with Article 16 of Regulation (EU) No 1095/2010 for crypto-asset service providers providing transfer services for crypto-assets on behalf of clients as regards procedures and policies, including the rights of clients, in the context of transfer services for crypto-assets.