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Question 305

Which Trust parties should be identified to determine the true nature of the Trust relationship
according to Basel guidelines? (Choose three.)

  • A. Respondents
  • B. Payees
  • C. Trust Administrators
  • D. Trustees Most Votes
  • E. Beneficiaries Most Votes
  • F. Settlors/grantors
Answer:

B, D, E


User Votes:
A 5 votes
50%
B 12 votes
50%
C 21 votes
50%
D 39 votes
50%
E 38 votes
50%
F 33 votes
50%
Discussions
0 / 1000
SemaArcag
1 year, 2 months ago

According to Basel guidelines, the following parties should be identified to determine the true nature of the Trust relationship:

C. Trust Administrators
D. Trustees
E. Beneficiaries

Assist.moli
7 months, 4 weeks ago

To determine the true nature of the Trust relationship according to Basel guidelines, the following Trust parties should be identified:

D. Trustees

E. Beneficiaries

F. Settlors/grantors

These parties are crucial for understanding the structure and purpose of the trust, as well as for identifying any potential risks associated with the trust relationship.

aseel
6 months ago

D. Trustees
E. Beneficiaries
F. Settlors/grantors

alban_999
5 days, 7 hours ago

C. Trust Administrators D. Trustees F. Settlors/grantors play vital roles in the establishment and management of a trust and identifying them helps in understanding the trust's structure and purpose.