Where Dealing Through an Intermediary with an Unidentified Principal, the Model

Multiple Choice

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

A) It is good practice for compliance, legal or credit functions to identity counterparties before the execution of a deal.
B) Management should have in place a clearwritten policy and procedures governing such transactions.
C) Management needs to be aware of the risks involved, particularly with respect to credit exposure and money laundering.
D) All of the above.