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The report excludes safeguarding of assets from financial reporting controls, which is actually a step backward from those controls long associated with financial reporting.
Requests for wire transfers are being handled on a case-by-case basis, balancing service with safeguarding of assets.
The Depotbank offers services for investment firms and institutional investors, including the settlement of securities transactions, the management and safeguarding of assets as well as the control of the fund administration.
Most noted the purpose of that system: 87% identified reliable financial reporting and 81%, safeguarding of assets (see exhibit 2, below).
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