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a) Illustrate and explain how and why a regulated firm should develop and maintain a successful relationship with its regulator. b) Describe how, as the
a) Illustrate and explain how and why a regulated firm should develop and maintain a successful relationship with its regulator.
b) Describe how, as the compliance officer of a firm in a jurisdiction and sector of your choice, you would prepare for and manage a regulatory inspection visit.
In your answer you should highlight, through the use of illustrative examples,the potential consequences for the firm if this is not managed appropriately.
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