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Which of the following does the Authority require licensed bodies to do in respect of...

Which of the following does the Authority require licensed bodies to do in respect of close ties with other firms?

A.

Notify the Authority of any close ties and make sure that these ties will not impede the Authority's supervision and control

B.

Seek prior approval from the Authority for any close ties and make sure that these ties will not impede the Authority's supervision and control

C.

Ensure that any close ties are limited to other capital-market firms which are also under the Authority's supervision and control

D.

Ensure that any close ties are limited to branches of the firm which also practise financial activity, after obtaining the Authority's approval

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