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F. Risk Disclosure Statement

1.
VASPs providing Collateral Wallet Services must provide each client with a risk disclosure statement in respect of the Collateral Wallet Services explaining—
 
a.co-mingling of Client VAs. To the extent applicable, that Client VAs may no longer be held in segregated VA Wallets containing the Virtual Assets of that client only;
b.safekeeping. A detailed description of how Client VAs are held, including but not limited to if Client VAs are held in accounts and/or VA Wallets containing Virtual Assets of more than one client of the VASP; and
c.rights of Exchanges. The nature of all rights or claims that any Exchange has over Client VAs, accounts, Client VA Wallets and/or any CWS Client VA Wallet.
 
2.The risk disclosure statement required under Rule V.F.1 above of this Custody Services Rulebook must be separate from the Client Agreement and VASPs must independently obtain confirmation of the acceptance of such risk disclosure statement from each client, prior to the VASP providing Collateral Wallet Services to that client.