s 46ZC Obligation to manage risks prudently
46ZC. Without limiting section 46ZB(1)(b), a licensed foreign trade repository must —(a)
ensure that the systems and controls concerning the assessment and management of risks to the licensed foreign trade repository are adequate and appropriate for the scale and nature of its operations; and
(b)
have adequate arrangements, processes, mechanisms or services to collect and maintain information on transactions reported to the licensed foreign trade repository.[34/2012]
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