L'Assocation Des Conseillers En Finance Du Canada / The Financial Advisors Association of Canada
Enregistrement :
12
de
35
(2014-04-15
à
2014-09-25)
Politique ou Programme
Advocis will discuss possible programs and services related to increasing financial literacy of Canadians with the new Financial Literacy Leader and the Financial Consumer Agency of Canada
Pensions - Participating in discussions regarding changes to the Retirement Income System to improve pension coverage and retirement income adequacy for Canadians.
Politique ou Programme, Proposition législative, Projet de loi ou résolution
Financial Institutions - Changes to the proposed Canadian Securities Act ("Securities Act") to change the definitions of "advisor", "company", "person" and individual", as well as change policy approaches to regulation of capital markets.
Taxation and Finance - We will participate in proposed amendments to the Goods and Services Tax ("GST")/Harmonized Sales Tax ("HST") treatment of financial services as set out in Bill C-9, the Jobs and Economic Growth Act and in any resulting changes to Canada Revenue Agency's GST/HST Notice No. 250 ("Notice 250").
Politique ou Programme, Règlement
2013 Federal Budget announced it will be reviewing competition in financial services and undertaking a review of the regulatory framework, including the process for approval of new financial institutions.
Advocis will be discussing the need to raise professional standards for financial advisors and will seek federal government support to encourage provincial governments to create financial advisor professional standards in provincial legislation. This may also impact the federal government's involvement in securities regulation.
Proposition législative, Projet de loi ou résolution
Bill C-12: An Act to amend the Personal Information Protection and Electronic Documents Act. In discussions with the Minister of State (Seniors); Employment and Social Development Canada (ESDC) regarding the ability of individuals to pass on personal information to government and other authorities in situations where there is suspicion of elder financial abuse.
Financial Institutions -We participate in any review of the Bank Act to ensure that consumers are adequately protected and a level playing field is maintained.
Securities Regulation: Participating in discussions regarding a National Securities Regulatory Framework
Taxation - Changes to Harmonized Sales Tax (HST) rules and the Excise Tax Act so that all investment products have fair and equal tax treatment.
Telecommunications - We participate in consultations and undertakings by the government related to the National Do Not Call List, The Unsolicited Telecommunications Rules and the Telecommunications Act to ensure that legitimate business uses of telecommunications can continue and our members can communicate with their clients and potential clients in an efficient manner. We would like to obtain equivalent treatment for our members regardless if the financial advisor is an insurance advisor as opposed to being an investment advisor by receiving an exemption from the Unsolicited Telecommunications Rules if making telecommunications to existing clients.
Proposition législative, Projet de loi ou résolution, Règlement
Industry - In discussions with Treasury Board regarding Red Tape Reduction.
Règlement
Financial Institutions - Proposed amendments to Canada Regulation 92-330 - Insurance Business (Banks and Bank Holding Companies) Regulations to have the regulations apply to insurance business activities of banks on their web-sites and the underlying policy intent that banks should separate insurance business from banking business.