The CSA published a new Client Focused Reforms FAQ document on April 29th, adding five new questions and modifying the answers to one existing question. The new and revised FAQs relate to the following topics:
- New Q33. Addressing conflicts of interest when there is a referral arrangement
- New Q36. Relating to use of corporate officer titles
- Revised Q37. Use of business titles with Permitted Clients
- New Q61. EMD suitability re-assessment obligations
- New Q62. EMD KYC update obligations when there is a transactional client relationship
- New Q63. EMD KYP monitoring obligations when there is a transactional client relationship.