Digital Brain
digital brain
digital brain

Client Focused Reforms (CFRs) – Phase II: What You Need to Know for Implementation

Events < 1 read

View the recording and the presentation materials on our archive library: http://mcmillan.lawcast.tv/

The December 31, 2021 deadline for registered firms and their representatives to comply with the second phase of the Client Focused Reforms (CFRs) is fast approaching.

Phase II of the CFRs implements all other changes with respect to the CFR amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations, aside from the conflicts of interest requirements, which took effect earlier this year. These amendments may require updates to a wide range of processes, procedures, and obligations, including with respect to:

  • misleading communications, including titles
  • know your product (KYP), know your client (KYC), and suitability obligations
  • relationship disclosure information (RDI) and on-boarding processes and procedures
  • training and recordkeeping obligations
  • internal controls and systems

Registrants who have not yet started assessing the impact of these new requirements should start the process now and attend this webinar to gather additional information.

Join McMillan on Wednesday, November 17, 2021 for a discussion on practical questions and issues related to the new requirements and how they may impact your organization.

Topics include:

  • Overview of the Phase II requirements
  • Key issues and practical tips to assist with compliance
  • Other changes to consider implementing concurrent with the CFR amendments
  • FAQ’s

This program is eligible for up to 1 Substantive CPD Hour in Ontario, 1 CPD Hour in BC and 1 CLE Hour in Québec.

Date and Time

Wednesday, November 17, 2021
1:00 pm – 2:00 pm ET

Speakers

Jennie Baek
Partner, Investment Funds and Asset Management

Jason Chertin
Partner, Investment Funds and Asset Management

For more information, please email us at events@mcmillan.ca.

Insights (5 Posts)

Featured Insight

Upfront Compensation for Segregated Funds: Is a Total Ban on the Horizon?

Insurance Regulators are exploring regulatory changes to Segregated Funds compensation arrangement on Insurers, Intermediaries and Consumers.

Read More
Sep 28, 2022
Featured Insight

Too Quick to (Summary) Judge: The Shortcomings of Summary Judgment in Patent Actions in Canada

The FCA addresses the shortcomings of summary judgment in patent cases, along with issues relating to "common general knowledge" and experimental testing.

Read More
Sep 27, 2022
Featured Insight

Land Use Planning and BOMA Standards: Issues and Possible Solutions

McMillan’s Commercial Real Estate and Litigation & Dispute Resolution teams are offering a conference on a variety of current issues relating to real estate development and BOMA Standards.

Details
October 27, 2022
Featured Insight

Just Say No (to Fixed-Term Employment Contracts): Court Awards 23 Months’ Pay to Former Business Owner

The Ontario Superior Court of Justice has issued another warning to employers who enter into fixed-term contracts with their employees.

Read More
Sep 26, 2022
Featured Insight

Single Proceeding Model Trumps Contractual Rights – Arbitration Clause Held “Inoperative” in Insolvency Proceeding

Ontario's highest court has held that an arbitration clause may be unenforceable in an appropriate insolvency proceeding, introducing contractual uncertainty.

Read More
Sep 26, 2022