VISION, MISSION & RESPONSIBILITIES
The CADFIRA is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Canada and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of CADFIRA and the Canadian Bar Association, as well as Crypto-Asset Services Providers.

w

The vision of the CADFIRA is to establish the Europian securities market as one of the safest, most reliable and attractive destinations for investment.

The vision of the CADFIRA is to establish the Europian securities market as one of the safest, most reliable and attractive destinations for investment.

MISSION

The mission of the ​CADFIRA is to exercise effective supervision to ensure investor protection and the healthy development of the securities market.

MISSION

The mission of the ​CADFIRA is to exercise effective supervision to ensure investor protection and the healthy development of the securities market.

The main duties and responsibilities of the ​CADFIRA are Organisation of the Securities and Exchange Commission and other Related Matters (L73(I)/2009)

The main duties and responsibilities of the ​CADFIRA are Organisation of the Securities and Exchange Commission and other Related Matters (L73(I)/2009)

Our remit involves a diverse set of regulated entities, all of which operate in different subsectors of the financial industry and provide services to different types of retail.

Our remit involves a diverse set of regulated entities, all of which operate in different subsectors of the financial industry and provide services to different types of retail.

Trust the process & get trading licence

With the increasing number of new brokerage firms always check their licence plate. 

WHAT IS FINANCIAL REGULATION?

Financial regulator is a government or non-government body that regulates the financial activities of companies under its jurisdiction.
In general, there are different tasks of financial regulators, depending on the direction. Some can control the sphere of securities trading, others control banking activities, others control the Forex market, and so on. We will consider the general principles of the activity of financial regulators.

The company approaches him with a desire to obtain a license. A license is something like an approval for doing business. To obtain it, the company must fulfill a number of requirements. These requirements vary by regulator. That is why many financial market participants respect some regulators, but not others. There are regulators that can be licensed simply by paying a couple of thousand dollars. And there are those who are really strict about their activities.

· Tweaks the rules for passing the AML and KYC procedures;
· Tweaks algorithms that check the suspiciousness of transactions;
· Shows its financial solvency;
· And so on.

Further, the company conducts its activities and at the same time constantly reports to the regulator about it. Provides information about their bank accounts, shows transactions and so on. If it violates the rules, the regulator notifies about it with the requirement to comply with everything. If the company does not comply, the license is revoked. Thus, if a company is regulated by one or better when several well-known and strict regulators, this indicates reliability. This means that it meets all modern standards and will not deceive customers.

Often on the site they themselves write about it, but you can write anything. To check, you need to visit the official website of the regulator and see if the company you are interested in has a license. The regulator performs another function. If the client, in his opinion, was treated unfairly, he can turn to the regulator and complain. That is why it is recommended to work with companies that are regulated in your country. In Russia, the financial regulator is the Central Bank of the country. And it doesn’t matter if it’s a Russian company or a foreign one. If it is regulated by the Central Bank of the Russian Federation, then it reports to the regulator, providing all the necessary information.
And you can safely turn to the Central Bank with a complaint that the company performed its duties poorly (for example, it did not transfer money to you).

Regulators have other functions. For example, educational. They can launch various programs to improve the financial literacy of citizens. Or conduct various studies and surveys.

Protect. Search. Investigate.

Start a conversation:
Find our address:

150 Slater St., Ottawa, ON K1P 5M8, Canada

© 2023