5) Describe the “bank's mandate” and its purpose. Explain three ways/senses in which the term “mandate” is understood, giving examples of each. 6) List 5 duties of the Money Laundering Reporting Officer. 7) What is a bank syndicate? How is syndication supposed to work/function? What is the difference between a “true syndicate” and a participation syndicate? 8) Describe novation and assignment. Discuss two reasons why a bank would prefer one over the other.
5) Describe the “bank's mandate” and its purpose. Explain three ways/senses in which the term “mandate” is understood, giving examples of each. 6) List 5 duties of the Money Laundering Reporting Officer. 7) What is a bank syndicate? How is syndication supposed to work/function? What is the difference between a “true syndicate” and a participation syndicate? 8) Describe novation and assignment. Discuss two reasons why a bank would prefer one over the other.
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5) Describe the “bank's mandate” and its purpose. Explain three ways/senses in which the term “mandate” is
understood, giving examples of each.
6) List 5 duties of the Money Laundering Reporting Officer.
7) What is a bank syndicate? How is syndication supposed to work/function? What is the difference between a
“true syndicate” and a participation syndicate?
8) Describe novation and assignment. Discuss two reasons why a bank would prefer one over the other.
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