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EXPLANATORY NOTE ON DESIGNATION AND ISSUANCE OF CERTIFICATE OF FINALITY OF CLEARING AND SETTLEMENT SYSTEMS UNDER THE CLEARING AND SETTLEMENT SYSTEMS ORDINANCE (CAP. 584) INTRODUCTION 1. Background
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How to fill out explanatory note on designation:

01
Start by providing your personal information: Include your full name, contact details, and any relevant identification numbers or reference codes.
02
Specify the purpose of the designation: Clearly state the reason behind your request for a designation. This could be for a specific project, job position, or responsibility.
03
Provide a detailed explanation: Describe in detail why you believe you are qualified for the designation. Highlight your relevant skills, experiences, and accomplishments that showcase your suitability for the role.
04
Include supporting documentation: Attach any relevant documents, certificates, or testimonials that support your claim for the designation. These could be educational degrees, training certificates, or work experience letters.
05
Seek endorsement, if necessary: If the designation requires approval from a higher authority or committee, ensure that you obtain any necessary endorsements or signatures. This will add credibility to your application.

Who needs explanatory note on designation?

01
Employees seeking a promotion: If you are aiming for a higher job position within your organization, you may need to submit an explanatory note on designation to justify why you are deserving of the promotion.
02
Job applicants: Some companies may require applicants to provide an explanatory note on designation to explain their specific areas of expertise or qualifications for a particular role.
03
Students applying for academic programs: Students applying for specialized academic programs, such as internships, research projects, or study abroad opportunities, may need to submit an explanatory note on designation to specify their interests and goals.
Remember, always check the specific requirements of the organization or institution to ensure you provide the correct information in your explanatory note on designation.
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The explanatory note on designation is a document that provides additional information or justification for a specific designation or title.
Individuals or entities who hold a specific designation or title may be required to file an explanatory note on designation.
The explanatory note on designation can typically be filled out by providing detailed information about the designation or title, its relevance, and any other pertinent details.
The purpose of the explanatory note on designation is to clarify the significance or requirements of a specific designation or title.
The information reported on the explanatory note on designation may include details about the designation, its criteria, any associated responsibilities, and the context in which it is used.
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