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3I0-012 · Question #675

3I0-012 Question #675: Real Exam Question with Answer & Explanation

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Question

Where dealing through an intermediary with an unidentified principal, the Model Code recommends:

Options

  • AIt is good practice for compliance, legal or credit functions to identity counterparties before the execution
  • BManagement should have in place a clearwritten policy and procedures governing such transactions.
  • CManagement needs to be aware of the risks involved, particularly with respect to credit exposure and money
  • DAll of the above.

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