People connected by lines
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

Display of Trademark on Stickers Affixed to Goods Constitutes Trademark Use

Displaying a retailer’s trademark on stickers affixed to goods already branded with a third party’s mark constitutes "use" of a trademark in Canada.

Read More
Jan 31, 2023
Featured Insight

Term CORRA Officially Under Development

1- and 3- month Term CORRA under development; targeted publication date is at end of Q3 2023; Term CORRA administrator will be CanDeal Innovations Inc.

Read More
Jan 30, 2023
Featured Insight

The State of Play in Shareholder Activism: Issues, Concerns and Trends

Join us for a series of engaging discussions on shareholder activism in Canada. Industry experts will share valuable insights into regulatory and market issues, concerns and trends.

Details
Tuesday, February 28, 2023
Featured Insight

CSA Publishes Results of Continuous Disclosure Review Program Activities

CSA Staff Notice 51-364 - Continuous Disclosure Review Program Activities for fiscal years ended March 31, 2022 and March 31, 2021.

Read More
Jan 26, 2023
Featured Insight

Canadian Securities Administrators Comment on Disclosure Related to Mineral Projects and Technical Reports

On November 3, 2022, the Canadian Securities Administrators published Staff Notice 51-364 Continuous Disclosure Review Program Activities for 2022 and 2021.

Read More
Jan 24, 2023