MFDA Strategic Plan 2018 – 2022

  • MFDA Households and Assets Under Administration by Province

    View Text Alternative Data Households and Assets under Administration Households and Assets under Administration by Province, excluding non-canadian households Province/Territory Households Assets Under Administration Alberta 963,000 Households $70.4 Billion AUA British Columbia 1.19 Million Households $91.1 Billion AUA Manitoba 312,000 Households $24.1 Billion AUA New Brunswick 156,000 Households $10.3 Billion AUA Newfoundland and Labrador 100,000
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  • What We Do

    Every day the MFDA works to ensure that: Investors receive suitable advice Investors receive accurate and complete information to make informed decisions Investors are treated fairly To accomplish this, on an ongoing basis we: Establish effective and appropriate regulatory requirements Inspect Member operations to assess compliance with regulatory requirements Monitor Members’ financial condition Investigate client
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  • Who We Are

    The MFDA performs a vital role in the wealth management industry by overseeing the conduct of its Members and the advisors they employ. While the MFDA’s regulatory mandate is to protect investors, we also support a regulatory compliant and diverse membership. Diversity benefits investors as it provides choices in advisory services and increases investor access
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  • Executive Summary

        Drivers of Change The MFDA operates in an environment that is continually changing. The drivers of change include new policy reforms within the securities industry, proposed changes to the regulatory framework in Canada, an aging Canadian demographic and, of course, the development of new technologies. Regulation within the financial services industry continues to
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  • Strategic Goal #3 - Update

    Update   We will evaluate our regulatory standards and internal processes and ensure a professional and qualified staff to be recognized as an effective, progressive and responsible regulator. We will be a responsible regulator by: Assessing our regulatory requirements to ensure they continue to be relevant and appropriate Reviewing MFDA operations and processes to ensure
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  • Strategic Goal #2 - Collaborate & Educate

    Collaborate & Educate   We will collaborate with all stakeholders, share valuable information and engage in educational initiatives to enhance professionalism, improve investor outcomes and contribute to regulatory developments. We will collaborate and educate by: Strengthening advisor proficiencies and professionalism Working with Members to promote a culture of compliance Engaging with stakeholders and other regulators
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  • Strategic Goal #1 - Innovate

    Innovate   We support Member innovation that increases efficiencies and/or expands investor choice, while at the same time, meets regulatory requirements. We will support innovation by: Encouraging Members who intend to implement new technology to proactively collaborate with us Understanding the risks and benefits related to new products, services and technology Assessing our regulatory requirements
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  • Vision & Values

    MFDA VISION We protect investors by: Delivering responsible and effective regulation – We use risk-based, balanced and transparent processes and employ our regulatory expertise in a proactive manner in addressing industry developments to be a responsible and effective regulator. Strengthening collaboration, knowledge and expertise – We engage our stakeholders to share our collective expertise to
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