The role of Business Conduct staff is to ensure that Member firms implement policies and procedures to ensure their compliance with all non-financial regulatory requirements, including those of IIROC, provincial securities acts and federal legislation such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act 2001.

BC staff conduct regular reviews and on-site examinations of Member firms, focusing on issues of suitability, anti-money laundering due diligence, supervision, corporate finance and research, employee activities and internal controls.

Providing best practice guidance and rule interpretations is also part of BC’s work, as well as providing feedback on policy development to the Regulatory Policy Department.