OSC Makes It Easier for Smaller Investment Firms to Outsource Compliance Role

The AML Shop is a one-stop-shop for AML compliance needs, serving clients all over North America. The feedback we often hear from smaller investment firms is that they aren’t ready to hire a full-time compliance officer, however it is a regulation that they must follow. That is, until this week’s announcement from the Ontario Securities Commission.

The OSC has removed such barriers, enabling smaller investment firms to choose to outsource its compliance role.  This is good news for smaller firms that can improve resources and efficiencies in an outsourced partnership.

Here is a link to the full article. And if you’d like to discuss your outsourcing needs, get in touch with us by emailing info@theamlshop.ca.