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*While we understand your | *While we understand your need to ensure that your personnel comply with those of your internal policies, mandates and regulations which apply to them, ultimately it is your responsibility, and not ours, to make sure they do. | ||
*Given the nature of our business and the way we price our offering, it is not practicable to verify on a trade-by-trade basis whether your employees have specific internal authorisation to commit your organisation to transactions with us. | *Given the nature of our business and the way we price our offering, it is not practicable to verify on a trade-by-trade basis whether your employees have specific internal authorisation to commit your organisation to transactions with us. | ||
*While we are a professional organisation and we do impose systems and controls to ensure that instructions are properly authorised and provided by persons generally empowered to issue them, we cannot police your policies on your behalf, much less underwrite your employees' compliance with them, and we therefore do not accept any purported restriction on your liability to perform transactions instructed by your personnel purely because they happen to be in breach of your internal mandates or authorisations. | *While we are a professional organisation and we do impose systems and controls to ensure that instructions are properly authorised and provided by persons generally empowered to issue them, we cannot police your policies on your behalf, much less underwrite your employees' compliance with them, and we therefore do not accept any purported restriction on your liability to perform transactions instructed by your personnel purely because they happen to be in breach of your internal mandates or authorisations. |