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NO.PZ202301190200001301问题如下Vision 2020 CapitPartners (V2020) hoperatefor the last 10 years originating anbrokering corporate finanals through private placements in emerging anfrontier markets. Because of slow economic growth globally, investment banking als have cline anV2020 hstruggleto generate enough fees to sustain its business. The boarof rectors of V2020, composeof corporate finanexperts, hintifieopportunities to generate a new revenue stream.One suopportunity is the creation of a vision to manage Emerging anFrontier Market BalanceFun(the Fun. The boarhhseverinquiries from clients asking for sua proct. The boarbelieves the Funis ibusiness line to meet client manancreate monthly asset management fees. The boarthinks the Funshoulalso requireto aa buyer of last resort for all its corporate financlients’ private placements. The boarbelieves this arrangement woulaa major incentive for private businesses to use their corporate finanservices, thereincreasing revenues from their primary business activity.Because none of the V2020 boarmembers or senior managers are experiencein asset management, the boarhires Lauren Akinyi, CFinpennt consultant who works with various clients in the asset management instry. She is asketo unrtake a stu on appropriate structure for the Funto meet both corporate finananfunclient nee. She is also asketo help V2020 set up policies anproceres for the new funto make certain all capitmarket regulations have been followeThe boarinforms Akinyi ththe policies anproceres shoulalso ensure complianwith the CFA Institute Asset Manager Co of ProfessionCon(Asset Manager Co).Subsequently, in a report to the boar Akinyi makes the following recommentions concerning complianwith the Asset Manager Co: Recommention 1: V2020 shoulabi the following principles of conct: Princip1: Proceewith skill, competence, anligence; Princip2: Awith inpennanobjectivity; an Princip3: Provi client performanwithin three ys after month-en Recommention 2: To take aantage of their vast business experience, the boarof rectors shoulimplement new policies. Specifically, the boarshoul Poli1: take active ily role in managing the Funs assets, Poli2: signate existing employee a complianofficer, an Poli3: sclose any conflicts of interest arising from their business interests. Recommention 3: To avoiany conflicts of interest between the investment banking business anthe new funmanagement business, a separate wholly ownesubsiary shoulcreateto unrtake the funmanagement business. The Funwoulthen provi a 100% guarantee to buy the private placements of the corporate financlients without having to sclose to all clients the relationship between the two entities. Recommention 4: To ensure timely anefficient tras in eaof the markets in whithe Funinvests, only one stockbroker in eamarket shouluse The boarshoulalso consir buying equity stake in eaof the appointebrokers aeprofit opportunity.After the Funcompletes its first yeof operations, V2020 receives a letter from its regulator. The notification imposes heavy fines for poor sclosures to its funclients anmantes the replacement of the senior funmanager a contion for the renewof V2020’s asset management license. The boarchallenges the ruling in court, stating ththe Funma the necessary full sclosures. After six months, not wanting to incur further expensive legfees or waste more precious time, the boar without aitting or nying fault, settles out of court, paying a smaller fine. Subsequently, the senior funmanager is terminatebut receives a multimillion-llbonus upon leaving. After the replacement of the senior funmanager, the license is renewefor a further year. The regulatory bo, however, gives a warning thif the Funhany future violations, their license will permanently revoke Subsequently, the Funscloses to its clients ththe regulator hreneweits license for one yeafter the termination of the senior funmanager, a contion of the renewal. They also sclose the out-of-court settlement anthe fine paiGiven the boars intenpurpose for starting the Fun whiof the following principles of conunr the Asset Manager Co of ProfessionConis least likely violateA.Afor the benefit of clients.B.Upholthe rules governing capitmarkets.C.Ain a professionanethicmanner all times. 根据CFA Institute的《道德规范与专业行为准则》，标准I(A)知法守法，要求遵守所有适用的法律、规则及监管要求。虽然V2020董事会的目标是创建符合客户需求的基金，并增加收入来源，但从中考虑的资本市场规则，并未得到充分遵守。董事会并未充分关注这些规则的实施，反而将更多精力放在如何创造商业机会及其与私人融资业务的关系上。 这道题对应到文中内容都分别在哪里，没看懂