E. Client Reporting & Valuation
Effective from Feb 07 2023 - Feb 06 2023
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| 1. | VASPs providing VA Management and Investment Services shall, at least monthly, provide to each client a written statement containing the following information— |
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| a. | the total value of Virtual Assets in a client’s account; | |||
| b. | all transactions entered into between the VASP and the client in the reporting period; and | |||
| c. | the change in amount and valuation of Virtual Assets in a client’s account [both total and during the reporting period]. |
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| 2. | VASPs providing VA Management and Investment Services shall ensure that all assets under management are subject to ongoing independent valuation. | |||
| 3. | VASPs shall have comprehensive and well documented valuation policies and procedures in place to ensure the production of timely and accurate valuation in accordance with Rule II.E.1 of this VA Management and Investment Services Rulebook. |
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