Client Focused Reforms: Answering your Frequently Asked Questions
Client Focused Reforms: Answering your Frequently Asked Questions
The Canadian Securities’ Commission’s Client Focused Reforms (CFRs) are set to come into effect on December 31st, 2021. Though the CFRs are largely principles-based, the updated regulation also calls out concrete specifics in terms of new requirements from both advisors and firms to meet the new standard.
What's Inside
What's Inside
- What is CFR?
- How CFR will impact firms and advisors
- Know your client (KYC) regulations aren’t new—what’s different this time?