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Adam is purchasing a universal life insurance policy and is depositing $112,000 into the policy at its inception. Based on regulatory requirements, Adam must determine

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Adam is purchasing a universal life insurance policy and is depositing $112,000 into the policy at its inception. Based on regulatory requirements, Adam must determine if this individual is a politically exposed foreign person. Which of the following requires that Adam do this? Select one: a. CCIR b. PIPEDA c. OFSI d. FINTRAC

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