问题
单项选择题
When GIPS and local laws conflict, in order to be in compliance with GIPS, the investment firm must :（）
A. follow GIPS and need not reference the local law.
B. follow local law, and no additional disclosure is required.
C. follow local law but disclose the conflict with GIPS.
答案
参考答案：C
解析：
Compliance requires that the firm follow local law and disclose the conflict between local law and GIPS.