VIDEO | RegTalk | 2022 and Beyond: The Future of Regulatory Compliance in Canada
Current global regulatory changes require the wealth management industry to clearly demonstrate that investment product selection (KYP) meets the client’s best interest. Firms and advisors currently struggle to “show their work” to regulators around things like product suitability, and regulatory requirements will only increase over the coming years.
By 2023, roughly 1 out of every 10 dollars a financial institution earns in revenue – will be spent on complying with regulatory requirements. (WealthBriefing | 2017)
Is your compliance program struggling to scale and keep up with changing regulatory demands? Do your advisors know their client objectives and can they easily pick products that are suitable? Can you access and view everything on one integrated platform?
Experts in the field as they discuss:
- Current state of regulatory requirements (CFRs)
- Planning for the evolution of regulatory demands in 2022 and beyond
- Best practices to increase your firm’s capacity, scale your business and improve client outcomes
- How to let go of disjointed end-point solutions for a smoother compliance process
Your Host:
Jeff Harvie, Head of Growth, Four Eyes Financial
Jeff is a seasoned global executive with expertise in strategy and business development. His 20 years of direct experience running operational and front office teams at TD Wealth, and global experience leading technology sales into some of the world’s leading global financial services brands; means he’s well equipped to help investment firms solve today’s complex business challenges.
Jeff is committed to creating opportunities through education and is an active board member of the Merit Bursary Award Program.
Guest Speakers:
Cas Litwin, Chief Compliance Officer, IPC Investment Corporation
In his current role as Chief Compliance Officer for IPC Investment Corporation, Cas is responsible for ensuring IPC meets its regulatory obligations and overseeing risk management across the firm. He has 26 years of industry experience in financial services and over the last 12 years has held senior compliance roles at several large national mutual fund dealers, where he was tasked with implementing sound compliance controls and helping firms effectively manage regulatory risk. Cas holds a BA in Math for Commerce from York University and is a member of the Association of Canadian Compliance Professionals and the Federation of Mutual Fund Dealers.
Christina Soares, CCO, Aligned Capital Partners
Christina truly believes that collaborative risk management helps foster a strong culture of integrity across an organization. She actively seeks to understand the business of advisors and ensures that compliance solutions are tailored and communicated in a way that solves problems, builds trust, and provides for positive investor outcomes.
As Chief Compliance Officer & Head of Business Integrity for the firm, Christina is responsible for leading and promoting ACPI’s compliance with securities rules and regulations and firm polices and procedures.
With over 15 years of direct experience working in a compliance environment, she is skilled at leading a team of compliance professionals, navigating regulatory reforms, transforming compliance business processes, assisting investment dealers and advisors in meeting compliance obligations, and protecting the business from regulatory risk.
Sean Shore, Legal and Compliance Professional
Sean Shore is a lawyer at Canadian Compliance & Regulatory Law where he represents investment dealers, portfolio managers and other registrants in the Canadian investment industry. He is also a public hearing panel member for the Investment Industry Regulatory Organization of Canada and industry hearing panel member for the Mutual Fund Dealers Association of Canada. He was previously the Chief Compliance Officer for the Wellington West Group of Companies and following the Wellington West acquisition by National Bank Financial, held a senior compliance role with National Bank Financial. Mr. Shore holds law degrees from the University of Manitoba and the London School of Economics and has been practicing law since 1995.