BridgeForce Compliance News December 21, 2022
In this issue:
Highlights for 2022 and a few reminders
- FSRA license renewals: “Longer than normal wait times”
- Apexa Annual attestation: Compliance documents
- Title Protection for Planner and Advisor
- Retiring? Leaving the Business? Remember the regulator
FSRA license renewals: “Longer than normal wait times”
- corporate renewals are delayed
- renew as soon as possible, up to 60 days, as it can take several weeks to process
- new proof of CE at license renewal in Ontario
- make sure your CE is complete before renewal, accounting for renewal delays
Apexa Annual attestation: Compliance documents
- Compliance documents may need updating – give yourself some time
- attestation includes E&O, License, bankruptcy, legal/disciplinary, and NBS (Needs Based Sales) docs (found here)
- up to date AML (found here) and Privacy program (found here)
Title Protection for Planner and Advisor
- there are crediting bodies that can provide brokers with the title Planner or Advisor
- you cannot use “Planner” or “Advisor” in any configuration of your title otherwise
- see the FSRA website for further details here
Retiring? Leaving the Business? Remember the regulator
And for those of you who are retiring and are giving up your license, we wish you all the best on your future endeavours. Please remember to surrender your license for an orderly close-out.
For FSRAO license surrender form, click here.
Wishing you a warm and wonderful holiday season, Christmas, or whatever it is you celebrate with friends and family.