You are the manager of United Caribbean Commercial Bank which has traditionally only accepted physical assets as collate
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You are the manager of United Caribbean Commercial Bank which has traditionally only accepted physical assets as collate
You are the manager of United 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. (10 marks)
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