Knowledge Base

← Ethics, Compliance, and Ethical Organization of Institutions

Questions

What must the RCCI do when their recommendations are not followed by senior management?

Ignore the incident
Document and record in compliance reports
Request an immediate meeting with management
Contact the AMF directly without a report

What is one of the required qualifications for the RCCI to provide effective assistance to staff?

Marketing training
Qualifications, knowledge and expertise in compliance
Experience in financial management
IT certification

What is one of the essential missions of the compliance function according to AMF Position DOC-2014-06?

Human resources management
The provision of advice and assistance
Financial management
Marketing

What are the two distinct audiences addressed by the RCCI's advisory and assistance mission?

Clients and regulators
Operational units and senior management
Employees and suppliers
Investors and media

The RCCI must be involved in all significant organisational changes and all projects likely to generate a non-compliance risk.

True
False

The RCCI may exceptionally not attend senior management meetings without written justification.

True
False

Minimum frequency of RCCI reports for management

Click to see answer

Categorize items by dragging them to the appropriate zones

Items to categorize:

Daily assistance on compliance matters
Regular and annual reports
Participation in senior management meetings
Categories:

Advice to staff

Advice to management