Ethidex supports more than 100 clients in Canada in achieving regulatory compliance. Ethidex provides: Regulatory content Modules (provided and updated by law firms) A web application Client training, support and consulting services For Payment Service Providers (PSPs) and Money Services Businesses (MSBs), Ethidex provides core Regulatory Content Modules covering topics such as: RPAA and the related Regulations AML Privacy Our web application provides access to users to: use

OSFI looks to ensure critical operations continued to be delivered through disruptions and expects organizations to: identify critical...

Ethidex has a Module for Payment Services Providers - RPAA. This Module covers the: The Retail Payment Activities Act Retail Payment...

OSFI expects Assurance on Capital, Leverage and Liquidity Returns from: External audit, Senior Management and Internal audit (guideline...

Under the Ontario Insurance Act - Ontario Regulation 347/04 - Insurer's compliance system, S. 12: (1) Every insurer that authorizes one...

The Retail Payment Activities Act (RPAA) includes a 62 page Supervisory guideline covering Operational risk and incident reporting expectations. Appendix A provides helpful examples of the types of documentation (mainly Policies and Procedures) that PSPs could establish and maintain as part of their framework. A key component of implementation is the development and implementation of an Operational risk management framework, achieving: Proportionality:  Tailoring the complexi

The new regulatory framework in Ontario for MGAs in life insurance, places significant responsibilities on Insurers, MGAs and Agents. ...

The Bank of Canada today released final supervisory guidance on Safeguarding End-User Funds for PSPs. Examples provided help clarify: "...

Bill 216 was passed by the Government of Ontario on November 6th, 2024. Once proclaimed in force, Life and Accident & Health Insurance...

With regulatory compliance expectations increasing, Ethidex now offers Regulatory Modules for use by MSBs and PSPs. AML-ATF for a Money...

To address increasing requirements for a Compliance Program, Ethidex now offers Regulatory Content Modules (from our law firms) for use...

Compliance program requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated...

April 24, 2023 saw OSFI issue its final Third-Party Risk Management Guideline B-10, setting out risk management expectations for...

On November 7, 2022, the Office of the Superintendent of Financial Institutions (OSFI) issued new guidelines for Assurance on Capital,...

March saw publication of the first 2023 administrative monetary penalties ($676,500) from FINTRAC. Identified was: Failure to develop and...

The value of Operational Resilience is increasingly evident as disruptions increase. Protecting critical operations supports all...

Many activities repeat, monthly, quarterly, annually. These can include taxes, regulatory filings, payments, assessments, issue follow...

Ethidex updates our Regulatory Modules every quarter. These updates are provided by our lawyers, written in easy to use language and...

Completing Required Assessments - moving beyond excel

We recently discussed with a client, their requirements to complete, on time, their hundreds of regulatory filings each year. deadlines...