Brian Connell-Tombs taps into more than 20 years of experience with Canada’s regulatory agencies and industry oversight groups
Examine every instruction from a client or power of attorney and take the appropriate steps if something doesn’t seem right
The provincial regulator is likely to provide more guidance on mutual fund sales practice rule and seniors
CSA oversight review says SRO failed to adequately resolve issues raised in 2015
A reputation takes a lifetime to develop and a split second to lose
Shortcomings in client statements, followed by KYC, conflicts of interest and advertising were the top compliance issues for dealers
Take the necessary time, collect the appropriate information, get help if needed and never guess when writing a response to an inquiry of a potential compliance breach
The association expresses support for FSCO’s goals of treating consumers of insurance fairly and enabling innovation through fintech
In part, this was because the insurance regulator focused its compliance examinations in the latest year on agents with a high or medium risk of non-compliance
The results of the review of 65 small firms also provides additional guidance for these firms to meet their obligations