With the increased threat of potential cyber incidents, it is important for Investia and its Representatives to have cyber insurance coverage in place. For all Investia-licensed individuals (Representatives, Branch Managers, Assistants, Associate Advisors), cyber insurance coverage is now a mandatory requirement as part of your registration with Investia.   

On January 25, 2024, CIRO published its Position Paper: “Policy options for leveling the advisor compensation playing field”. This document aims, at a glance, to bring the industry (mutual fund and investment dealers) at the same playing field level in terms of available options for payment of commissions, and consequently address existing gaps and adverse consequences that have been known for a long time in the industry. 

As any intermediary, B2B Bank (“B2B”) has its own procedure when applying a power of attorney (“POA”) to client’s account. 

When a Representative wants to open an investment account with an intermediary, the Representative is obligated  to comply with the intermediary’s polices and procedures, even if they may differ or be stricter than the ones included in the Investia Compliance Policies and Procedures Manual.

Please be advised that effective April 23, 2024, the following changes will be made to the “My Actions” tab in the Advisor Dashboard:

Please be advised that the risk rating of the following mutual funds was increased by Desjardins investments (“DJT”) on March 28, 2024 as follows:

As part of our efforts to ensure compliance with our anti-money laundering obligations, we find that we do not always have the source of funds on file for deposits or bank transfers received from clients, in amounts of $50,000 or more, whether for non-registered or TFSA plans. It is important to remember that the source of funds must be documented in the dealer’s records upon receipt of the sums.

With the arrival of RRSP and tax season, Investia recognizes that the next few months are often the busiest period for our Representatives. As such, our goal is to reduce compliance inquiries, delays and obstacles that you may receive during this time. We hope taking note of the information below will have a positive impact on your client relationships through improved processes, more efficient client meetings and a reduction in the amount of time spent on administrative tasks.  

Please be advised that effective June 2023, the risk rating of the following exchange traded fund (“ETF”) was increased by Harvest Portfolios Group Inc. as follows:

We are pleased to announce the release of an updated version of Investia’s Compliance Policies & Procedures Manual (“CPPM”), reflective of policy changes and enhancements arising from internal, regulatory and harmonization developments made over the past year.