Responsibilities of the Dealer/Firm related to the disclosure of personal information by the Chambre de la sécurité financière
You have the opportunity to support your advisors in ensuring that they meet their continuing education requirements.
You will have access to the Professional Development Units record of advisors who gave prior consent to the disclosure of their information.
The Chief Compliance Officer of a dealer/ the responsible officer of a firm is authorized to delegate his responsibilities, namely the access to the portal, to other authorized members in his organization, to the extent that the performance of their duties so requires. These authorized persons will have the same duties and obligations.
The chief compliance officer of a dealer/ the responsible officer of a firm undertakes to keep the data of authorized persons updated via the portal of the Chambre de la sécurité financière or to notify the Chambre of any change affecting their role.
Undertaking of the Dealer/Firm
The dealer/firm acknowledges that the advisor’s information disclosed by the Chambre de la sécurité financière is confidential information and undertakes to:
- keep this information confidential and refrain from disclosing it to any third party ;
- use this information for compliance purposes only ;
- adopt and implement appropriate and reasonable security measures to protect the information disclosed according to its sensitivity, intended use, quantity, distribution and format.
The dealer/firm agrees to inform the Chambre de la sécurité financière without delay of any attempted or successful violation, committed by any persons, of any of the confidentiality obligations related to the information disclosed.
The dealer/firm may be held responsible and financially liable for any act, omission, damages or losses, direct or indirect, resulting from failure to comply with these terms and conditions.