IIROC releases 2011-2012 annual report

The Investment Industry Regulatory Organization of Canada (IIROC) has released its 2011-12 Annual Report, which is called Raising the Bar.

This report includes an updated strategic plan scorecard, which measures the progress of its strategic goals. Other highlights include discussions and updates on:

• Reforms IIROC has implemented over the past year after extensive stakeholder consultations to inform our understanding of new issues and trends;

• Enhancements to our compliance and examination program to reflect changes in market structure, business risks, investment products and demographics;

• Our focus on suitability, product due diligence and outsourcing and liquidity risks to promote sound prudential and business conduct standards; and

• IIROC’s close collaboration with other regulators at home and abroad to influence the standard-setting process.

“In 2011-12, we pursued an active and focused regulatory agenda aimed at strengthening confidence in the integrity of Canada’s capital markets,” says IIROC president and CEO Susan Wolburgh Jenah.

The complete report is available on the IIROC website. Print copies are also available upon request. Earlier this month, IIROC issued a new strategic plan for the next three years.

Read: IIROC revamps strategic plan

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