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Affiliate Transactions Policy

Price: $500
    The product is in stock Availability: In Stock


    About This Item

    The primary objectives of this policy are:

    • To identify transactions that are with affiliates and other related parties and that are subject to restrictions by law or regulation
    • To establish appropriate guidelines and procedures to ensure that all affiliate transactions are beneficial and fair to the Bank
    • To ensure that affiliate transactionsare closely monitored by management, among other things, by requiring the periodic reporting of such transactions to the Board of Directors.
    • To ensure that the decision-making process with respect to affiliatetransactions remains autonomous and that the integrity of the Bank is not compromised.
    • To ensure that all affiliatetransactions are consistent with safe and sound banking practices.