Lineage Atlas is a free research resource, open to anyone. It explores how regulatory requirements can inform the modelling and building of policies and controls, with a primary focus on monitoring and testing.
The catalogue breaks selected rules into plain-English obligations, with explanations and exact provision references. Use it to explore what a requirement means, how it might inform a policy or control, and what evidence could help assess whether that control is working.
The initial dataset covers selected provisions of CIRO Rule 3900. It is a starting point for the research; the project may explore other topics and regulatory sources as it develops.
Establish and maintain written supervisory policies and procedures for employees and Approved Persons that provide reasonable assurance of compliance with CIRO requirements, securities laws and other applicable laws.
Amend supervisory policies and procedures within a reasonable time after changes to CIRO requirements or securities laws.
Provide sales and supervisory employees and Approved Persons with the sales-practices policies and procedures relevant to their functions.
Obtain and record acknowledgements from sales and supervisory employees and Approved Persons that they have read and understood the policies and procedures relevant to their roles and responsibilities.
Provide introductory and continuing education to Approved Persons on relevant policies and changes; communicate applicable regulatory information to relevant sales employees and Approved Persons; and establish procedures for the method and timing of distributing compliance notices.
Promptly communicate policy and procedure changes to relevant employees and Approved Persons, and maintain procedures that provide reasonable assurance they understand their responsibilities.
Assign sufficient personnel and commit adequate resources to fully and properly apply and enforce the firm’s supervisory policies and procedures.
Appoint enough Supervisors to supervise employees and Approved Persons, and designate enough Executives to support compliance, taking account of the firm’s scope and complexity; ensure those designated have the qualifications and authority needed for their assigned duties.
Take reasonable steps to ensure Supervisors and Executives are sufficiently proficient and understand the products traded or advised on and services provided by the personnel they supervise, to the degree necessary for proper supervision.
Maintain procedures designed to ensure Supervisors properly carry out their supervisory functions.
Try a broader term or remove a filter. This draft catalogue covers §§3904–3905 only.