The Person licensed to practice the activity of Custodian shall be responsible for the damages that may occur to Clients from non-commercial risks or professional responsibility, or the ones resulting from the damage or theft of Clients documents, assets and funds. A Licensed Person shall provide the Authority with arrangements followed to compensate Clients for such damages. The Authority may request from the Licensed Person to achieve such purpose by fulfilling one of the following conditions as a minimum: 1. Insurance policy against damages set out in this Article. 2. Bank guarantee