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:

1. the identity of the parties to the agreement;

2. a description of the modalities of the transfer service provided;

3. a description of the security systems used by the crypto-asset service provider;

4. fees applied by the crypto-asset service provider;

5. the applicable law.

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.