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ARTICLE · 13 OCTOBER 2016

Comments Invited For Proposed Compliance Framework And Publishing Principles For FCAC Decisions

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The Financial Consumer Agency of Canada (FCAC) is seeking comments and feedback on its Proposed Supervision Framework and Publishing Principles for FCAC Decisions.

CanadaConsumer Protection
Melissa Prado
Melissa Prado
Peter Aziz
Peter Aziz
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The Financial Consumer Agency of Canada (FCAC) is seeking comments and feedback on its Proposed Supervision Framework and Publishing Principles for FCAC Decisions. The Proposed Supervision Framework revises FCAC's existing Compliance Framework, which was last updated in 2011, with a view to providing a high degree of transparency into how FCAC supervises and monitors federally regulated financial institution, external complaints bodies, and payment card network operators. The Publishing Principles for FCAC Decisions aim to clarify how FCAC will publish information about Notices of Violation, Notices of Decision, and Notices of Non-Compliance.

All submissions must be received by November 14, 2016.

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