Tag: risk

AUM – Compliance Reviews

Is your firm preparing for a regulatory examination? Are you ready? Do you want an independent assessment of your compliance program? Our team has extensive experience in preparation, management and remediation of regulatory examinations. You can get ahead of...

BLG’s Resource Corner

Our colleagues at BLG have provided the following insights we thought might interest our readers: A New Year and a New SRO: Two months in Emphasizing risk culture in financial institutions: OSFI releases draft Culture and Behaviour Risk Guideline CSA publishes rules...

Potential Extension of FINTRAC Requirements to the Mortgage Industry – There’s no Place Like Home

Registered dealers and advisers are well versed in the AML requirements contained in the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. The federal Department of Finance has recently released proposed amendments to regulations under the Act that...

AUM Law Team Member Announcements

We are delighted to welcome Vivek (Vik) Bali as Legal Counsel to AUM Law. Vik’s practice will focus on regulatory compliance. Before joining AUM Law, Vik articled and then worked in the KYC, Compliance and AML spheres at UBS Bank (Canada). Vik graduated from Osgoode...

FSRA’s Draft Innovation Framework

The Financial Services Regulatory Authority of Ontario released a consultation paper regarding its new Innovation Office, which was launched in 2020 in order to facilitate what it has termed “responsible innovation” – i.e. managing risk to consumers and members of...