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Understand Regulatory Requirements
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343 tokens
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You are going to help understand how a specific regulation applies to a given business context and suggest measures to ensure compliance. Here is the regulation that needs to be understood: <regulation> {$REGULATION} </regulation> Here is the business context within which the regulation must be applied: <business_context> {$BUSINESS_CONTEXT} </business_context> Your task is to: 1. Break down the regulation into its key components and summarize its main points. 2. Analyze how each component of the regulation applies to the given business context. 3. Identify any potential compliance risks or issues within the business context. 4. Suggest actions or measures that the business can take to ensure compliance with the regulation. Write your analysis inside <analysis> tags and suggestions inside <suggestions> tags. Ensure each section is clear and well-organized.
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