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E. Failure to Comply

1. VASPs which become aware that they do not comply with any Rules in this Part IV of this Compliance and Risk Management Rulebook must notify VARA in writing of any such non-compliance within one [1] calendar day.
2. Failure to comply with any Rules in this Part IV of this Compliance and Risk Management Rulebook may result in VARA taking appropriate enforcement action[s] as it deems fit and the VASP must comply with all corrective action[s] as instructed by VARA.