Tag Archives: Barb Amsden

Thank You for Seven Great Years, Barb Amsden!

Thank You for Seven Great Years, Barb Amsden!

After seven years, our valued colleague, Barbara Amsden, will be leaving the IIAC on April 1st.

Barb was one of the IIAC’s original staff members, joining the association when it launched. Since then, she has worked on a dizzying array of projects including capital market improvements, red tape reduction, the awarding of Diamond Jubilee medals, taxes, and, of course, most recently spearheading cross-industry efforts to implement CRM1 and CRM2.

Here is part of an email sent to Barb’s colleagues by Ian Russell, IIAC President and CEO: “We will all miss Barb’s energy, wit, intelligence and … Continue reading

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Wealth Professional’s “Women of Influence”: The IIAC is Well Represented

Wealth Professional’s “Women of Influence”: The IIAC is Well Represented

The IIAC’s very own Barb Amsden has been named one of Wealth Professional’s “Women of Influence” in its most recent edition.  Although her colleagues at the IIAC are decidedly biased, this is a highly fitting tribute to a woman who impresses us with her razor-sharp intellect and interminable kindness every single day.

 

Joining Barb on this (impressive) list are two IIAC Board members:  Sandy Cimoroni and Charyl Galpin.

Congratulations on this well-deserved accolade!

Read more about their contributions to Canada’s investment industry here.

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Canadian Securities Administrators (CSA) Approves IIROC 2015 and 2016 CRM2 Rules – Book Cost Outstanding

Canadian Securities Administrators (CSA) Approves IIROC 2015 and 2016 CRM2 Rules – Book Cost Outstanding

On January 19, 2015, IIROC announced that the CSA had approved IIROC 2015 and 2016 CRM2 rules.  IIROC dealers had already implemented 2014 CRM2 requirements, worked extensively on 2015 and 2016 implementation, and done as much of the analytical work as possible for CRM2 components where significant uncertainty remained, but major development work for 2015 couldn’t be planned further without final CRM2 rules.  This delay compressed the two years the CSA had allotted for July 15, 2015 CRM2 rule implementation to less than six months.  This is a time compression of 75%.

The final rules are good news.  Questions regarding … Continue reading

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IE: IIAC steps up lobbying to delay CRM2

IE: IIAC steps up lobbying to delay CRM2

The following article, which was written by James Langton and appears today on Investment Executive.com, outlines why the IIAC is urging the Canadian Securities Administrators (CSA) to agree to an extension of the CRM2 implementation deadline:

The Investment Industry Association of Canada (IIAC) is stepping up its push for an extension to the final implementation of certain reporting requirements under the Client Relationship Model (CRM2).

In a letter to Bill Rice, chairman of the Canadian Securities Administrators (CSA) and chairman and CEO of the Alberta Securities Commission (ASC), the IIAC sets out its case for pushing back the deadline … Continue reading

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CRM2 Guide Courtesy of Investment Executive

CRM2 Guide Courtesy of Investment Executive

Be sure to check out Investment Executive’s CRM2 Guide, a special supplement designed to help the industry better understand the nuts and bolts of CRM2. 

In it, industry professionals will have access to everything from technology rescue tips to training strategies and much, much more. 

Readers will also learn  from industry experts including the IIAC’s managing director, Barb Amsden, whose perspectives and insights can be found in several of the articles.

Additional information can be found on the IIAC’s website – CRM Help at Your Fingertips.  (Please note:  These resources are available to IIAC members only.)

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CRM2: Cracking the Code

CRM2: Cracking the Code

Earlier this week, the IIAC co-sponsored an Investment Executive breakfast seminar entitled CRM2: Cracking the Code.

The standing-room only event, held at Modus Ristorante in Toronto, featured guest speakers – including IIAC managing director Barb Amsden – who covered CRM2 from the perspective of investors, advisors and compliance officers, and looked at technology, communications, preparation and other support opportunities, with a focus on the 2015 sleeper issues that advisors need to understand.

Presentation materials will be available shortly.  (Please note you must be signed in to the IIAC’s members-only site to access the materials).

For more … Continue reading

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IIROC receives approval to implement CRM2

IIROC receives approval to implement CRM2

The Investment Industry Regulatory Organization of Canada (IIROC) has received approval from the Canadian Securities Administrators (CSA) to implement the next set of new Client Relationship Model (CRM) amendments that take effect July 15, 2014.

The approved changes relate to the first series of changes as part of CRM2, including:

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The IIAC Launches CRM2 Newsletter

The IIAC Launches CRM2 Newsletter

With the successive CRM2 implementation requirements looming, the IIAC has stepped up its efforts to provide a variety of tools for advisors and compliance staff, keep members informed, and respond to member concerns.

The IIAC’s first CRM2 newsletter, CRM2 Countdown, is available in an easy-to-read electronic format (featuring links to the IIAC’s members-only website) and in PDF format. A printable version, with all linked documents attached, is also available on the IIAC’s members-only website. IIAC members wishing to tailor any tools for internal purposes can obtain Word versions from Barb Amsden.

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CRM 2: IIAC is leading efforts to ensure firms are ready – or as ready as they can be

CRM 2: IIAC is leading efforts to ensure firms are ready – or as ready as they can be

This, according to Investment Executive’s James Langton: 

“The Investment Industry Association of Canada (IIAC) is leading the way with a series of committees that it has launched to grapple with the array of details that need to be sorted out in order for investment dealers to comply with the CRM 2 requirements. 

The overriding implementation issue remains the question of whether the CSA will exempt IIROC dealers from needing to comply with both versions of these requirement, the provincial commissions’ version and IIROC’s version. All along, firms have been expecting that will be the case, but they have yet … Continue reading

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B.C. Wills, Estates and Succession Act

B.C. Wills, Estates and Succession Act

The IIAC has requested that the B.C. government defer the enforcing of irrevocable beneficiary provisions (sections 87 and 88) of the British Columbia Wills, Estates and Succession Act as they apply to registered retirement-savings plans, tax-free savings accounts and other registered plans. The government’s efforts were to establish consistency across insurance and other products, and to simplify estate-planning; however, given differences between pure insurance and registered plans, the IIAC argued that the well-intentioned changes would leave planholders or beneficiaries, in many cases, worse off. The IIAC has asked for further discussion of this matter that … Continue reading

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