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It is true that you have to comply with the more strict law. In this case the US law is stricter. I would say, you should disclose.

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looks like a conflict between local and foreign ( US ) law, not a conflict with CFAI standards at all. Go with local i.e. do not disclose

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Answer pls

I wud say no in exam but wud not sure

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No

NO EXCUSES

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no because he must comply with the stricter of CFAI standards and local law which in this case in the local law.

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