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You are the manager of One Caribbean Commercial Bank which has traditionally only accepted physical assets as collateral. The institution has now taken a decision
You are the manager of One Caribbean Commercial Bank which has traditionally only accepted physical assets as collateral. The institution has now taken a decision to accept financial assets, such as shares, as collateral. Explain the peculiarities with using shares as collateral and provide a set of policy guidelines you would recommend in light of this decision.
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