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Often times, the establishment and maintenance of the Risk Management Framework is delegated to a single particular person (generally not an owner), so the Firm should ensure that any Personnel assigned responsibility for establishing and sustaining its Risk Management Framework in accordance with this Standard have the mandatory expertise, expertise, dedication and (especially), authority.

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And due to that, the craftsmen within the trade of American Indian art trade are drastically affected, shedding a considerable quantity of income Management Risk Avoidance (tens of millions and hundreds of thousands of dollars) due to the fake native artworks made by these oriental factories.

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