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RECOMMENDED ACCOUNTING PRACTICE RAP 7 Reporting Framework for Unit Trusts The Statement of Recommended Accounting Practice, RAP 7, was approved by the Council of the Institute of Singapore Chartered
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What is rap 7 - isca?
Rap 7 - ISCA stands for Report on Payment Systems Activity in the Country.
Who is required to file rap 7 - isca?
Financial institutions and other relevant entities are required to file rap 7 - isca.
How to fill out rap 7 - isca?
Rap 7 - isca is typically filled out online through the designated reporting platform provided by the regulatory authority.
What is the purpose of rap 7 - isca?
The purpose of rap 7 - isca is to monitor and report on payment systems activity in the country for regulatory and oversight purposes.
What information must be reported on rap 7 - isca?
Information such as transaction volumes, types of payment systems used, participants involved, and any potential risks or vulnerabilities in the payment systems must be reported on rap 7 - isca.
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