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Which of the Following Statements Is True

Question 518

Multiple Choice

Which of the following statements is true?


A) Banks should not ask brokers to disclose details of third party transactions unless they are between overseas principals.
B) Banks should not ask brokers to disclose details of third party transactions unless these transactions are already settled.
C) Banks should not ask brokers to disclose transactions between third parties in any circumstances.
D) Banks should not ask brokers for details of third party transactions unless senior management has approved.

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