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Merrill Lynch - outsourcing refers to the practice of contracting out certain business functions or processes to external vendors.
Financial institutions or companies that utilize outsourcing services, such as Merrill Lynch, are required to file reports on their outsourcing activities.
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The purpose of reporting on Merrill Lynch - outsourcing is to ensure transparency and oversight of outsourced activities to mitigate risks and protect consumers.
Information such as the nature of outsourced functions, the names of vendors, the geographic location of services, and risk management processes must be reported on Merrill Lynch - outsourcing.
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