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3I0-013 · Question #157

3I0-013 Question #157: Real Exam Question with Answer & Explanation

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Question

As regards controls, which of the following best practices for counterparty identification is incorrect?

Options

  • AAmendments to customer standing data should be subject to 4 eyes control and only changed
  • BThe set up of settlement instructions and the confirmation method should be fixed when
  • CNo trading should be done without first identifying and setting up the counterparty.
  • DCounterparty identification and setup of settlement instructions should be completed in less

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