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Docs×689925 head note Mutual Reliance Review System for Executive Relief Applications relief from self-dealing prohibitions and reporting requirements to allow certain classes of a group of mutual
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Mutual Reliance Review System (MRRS) is a process where regulators in different jurisdictions rely on each other's reviews and approvals.
Companies operating in multiple jurisdictions may be required to file mutual reliance review system.
Mutual Reliance Review System forms can usually be filled out online or submitted in paper form.
The purpose of mutual reliance review system is to streamline the regulatory review process for companies operating in multiple jurisdictions.
Information such as company details, regulatory approvals in other jurisdictions, and a description of the product or service being reviewed must be reported on mutual reliance review system.
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