Chapter 3 - Risk Management Flashcards
1
Q
Who Creates the IIROC RTR (Risk Trend Report)
A
IIROC Surveillance & Compliance Division
2
Q
What 3 sources provide the information for the RTR
A
- FIN-OP
- BCC - business conduct compliance
- COMSET
3
Q
What is regulatory Risk?
A
risk associated with a dealer’s ability to understand, acknowledge and comply with evolving Regulatory Requirements
4
Q
What is Emerging Issue Risk?
A
Risk arising from rapid change in the industry combined with product and process innovation.
