As Chief Compliance Officer (CCO), BMO Private Investment Counsel Inc. (BPIC), and Head of Investment Management Canada for BPIC and BMO Nesbitt Burns Inc. (BMO NB), Denise is responsible for ensuring the overall management of Regulatory Compliance for the Business, including Compliance with existing securities law, regulations and internal policies and procedures. Denise is an integral member of the Business Leadership Teams supporting the development of business strategies and providing recommendations with respect to the Enterprise Compliance Framework. Prior to her current role, Denise previously was the CCO for BMO InvestorLine Inc. and Director, BMO Nesbitt Burns Inc.
In her capacity, Denise represents BMO externally in various industry committee meetings sharing best practices, while continually collaborating with the Regulators. Denise is Chair of the Conduct, Compliance and Legal Advisory Section (CCLS) Order Execution Only Sub-Committee, and a Member of the CCLS Education Sub-Committee. Prior to joining BMO in 2011, Denise was at the Investment Industry Regulatory Organization of Canada (IIROC) for 13 years where she held various roles, most recent, Senior Investigator and Senior Business Conduct Compliance Officer. Denise is an active Member of the St. Bernadette Parish in areas such as Finance Committee, Lector, Children Liturgy Teacher, and conducts regular visits to the Parish Senior and Vulnerable Shut-ins.
Denise is a Chartered Professional Accountant, Certified Anti-Money Laundering Specialist and Certified Fraud Examiner.
All Sessions by Denise T. CarsonPrinter Friendly See Full Agenda
Day 1: Jun 17, 2020
Compliance Officers’ Panel: How to Implement the New Client-Focused Reforms
With the impending changes to determining and documenting suitability coming into effect under Client-Focused Reforms, all regulated firms must bolster their oversight of how registrants deliver advice. Craft a new model for advice, suitability, KYP and KYC guidelines through a more focused oversight model. Take away practical strategies and solutions to:
- Ensure registrants are knowledgeable about the securities invested in by clients
- Create training and recordkeeping processes tied to KYP expectations
- Monitor and confirm that the client’s interests are put first
- Understand how different firms (EMDs and PMs) apply these rules to their businesses
- Determine the nuanced rules which may be different for institutional permitted clients
Meet your upcoming compliance obligations with respect to suitability, KYP and KYP changes
Day 2: Jun 18, 2020