{"id":4261,"date":"2025-06-25T11:54:39","date_gmt":"2025-06-25T15:54:39","guid":{"rendered":"https:\/\/cfacanada.org\/?p=4261"},"modified":"2025-06-25T12:03:15","modified_gmt":"2025-06-25T16:03:15","slug":"ciro-rule-consolidation-phase-5-consultation","status":"publish","type":"post","link":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/","title":{"rendered":"CIRO – Rule Consolidation – Phase 5"},"content":{"rendered":"\n

<\/p>\n\n\n\n

<\/p>\n\n\n

\n
\n
\n
\n
\n

CIRO – Rule Consolidation – Phase 5<\/h1>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n\n

T\u00e9l\u00e9charger le PDF :<\/h2>\n\n\n\n

CIRO – Rule Consolidation – Phase 5<\/a><\/p>\n\n\n\n

<\/div>\n\n\n\n

R\u00e9sum\u00e9 de la lettre :<\/h2>\n\n\n\n

L’Organisme canadien de r\u00e9glementation des placements (OCRCVM) publie pour commentaires la phase 5 des propositions de r\u00e8gles de son Projet de regroupement des r\u00e8gles.<\/p>\n\n\n\n

L’objectif de la phase 5 du projet de consolidation des r\u00e8gles est d’adopter des exigences qui sont communes aux r\u00e8gles IDPC et MFD et qui ont \u00e9t\u00e9 \u00e9valu\u00e9es comme ayant des diff\u00e9rences jug\u00e9es significatives avec des impacts importants potentiels sur les parties prenantes.<\/p>\n\n\n\n

La phase 5 des r\u00e8gles propos\u00e9es pour les DC implique l’adoption de r\u00e8gles relatives \u00e0 :<\/p>\n\n\n\n

    \n
  • l’externalisation et les accords de service,<\/li>\n\n\n\n
  • la formation continue,<\/li>\n\n\n\n
  • la d\u00e9claration et le traitement des plaintes, les enqu\u00eates internes et les autres questions \u00e0 signaler,<\/li>\n\n\n\n
  • la tenue des dossiers et les rapports aux clients,<\/li>\n\n\n\n
  • la solvabilit\u00e9 financi\u00e8re,<\/li>\n\n\n\n
  • l’utilisation et la garde des actifs des clients, et<\/li>\n\n\n\n
  • les accords de financement.<\/li>\n<\/ul>\n\n\n\n

    <\/p>\n\n\n\n

    Aper\u00e7u des commentaires du Conseil :<\/h2>\n\n\n\n

    Le Canadian Advocacy Council (CAC) a r\u00e9pondu au Bulletin 24-0276 de l’OCRCVM, f\u00e9licitant l’OCRCVM pour les progr\u00e8s r\u00e9alis\u00e9s dans l’harmonisation des exigences r\u00e9glementaires par le biais de son projet de consolidation des r\u00e8gles de la phase 5. Le CAC a soulign\u00e9 l’importance d’une orientation claire et de p\u00e9riodes de transition ad\u00e9quates pour favoriser une mise en \u0153uvre efficace et maintenir la protection des investisseurs.<\/p>\n\n\n\n

    Faits saillants de la pr\u00e9sentation du CCC :<\/p>\n\n\n\n

      \n
    • Q1 : Soutien \u00e0 l’inclusion des clients potentiels dans la d\u00e9finition du terme \u00ab plainte \u00bb afin d’aborder les risques syst\u00e9miques li\u00e9s \u00e0 l’accueil et au marketing.<\/li>\n\n\n\n
    • Q2 : recommande des orientations plus claires sur la \u00ab faute grave \u00bb et l’inclusion s\u00e9lective du comportement nuisible du courtier qui signale des risques plus larges.<\/li>\n\n\n\n
    • Q3 : soutient la cat\u00e9gorie des \u00ab plaintes non d\u00e9clarables \u00bb mais demande des pr\u00e9cisions sur l’identification des sch\u00e9mas qui peuvent n\u00e9cessiter une d\u00e9claration.<\/li>\n\n\n\n
    • Q4-Q5 : approuve les d\u00e9lais de r\u00e9ponse et de r\u00e9solution interne des litiges de 90 jours, selon le cas, et encourage une r\u00e9solution rapide.<\/li>\n\n\n\n
    • Q6 : soutient l’harmonisation des rapports sur les clients et propose une \u00e9valuation apr\u00e8s 18 \u00e0 24 mois de mise en \u0153uvre.<\/li>\n\n\n\n
    • Q7 : Oppos\u00e9e \u00e0 l’extension de l’utilisation du cr\u00e9dit gratuit pour les clients aux courtiers en fonds communs de placement de niveau 3 en raison de normes de surveillance moins strictes.<\/li>\n\n\n\n
    • Q8-Q9 : approuve les transitions progressives pour les r\u00e8gles en mati\u00e8re de capital (12 mois) et les exigences en mati\u00e8re d’audit (18-24 mois).<\/li>\n\n\n\n
    • Q10 : Favorise un mod\u00e8le hybride de formulaire 1 avec un noyau commun et des suppl\u00e9ments sp\u00e9cifiques aux courtiers.<\/li>\n\n\n\n
    • Q11 : soutient le look-through pour les fonds diversifi\u00e9s tout en notant les risques dans les strat\u00e9gies de niche ou illiquides.<\/li>\n\n\n\n
    • Q12 : recommande une mise en \u0153uvre progressive de 12 \u00e0 18 mois pour les r\u00e8gles relatives aux marges de contrepartie.<\/li>\n<\/ul>\n\n\n\n


      Le CAC a affirm\u00e9 que les r\u00e8gles DC refl\u00e8tent les objectifs du projet sans introduire de charge excessive et a salu\u00e9 l’engagement de CIRO avec les parties prenantes.<\/p>\n\n\n\n


      <\/p>\n\n\n\n

      <\/p>\n","protected":false},"excerpt":{"rendered":"

      T\u00e9l\u00e9charger le PDF : CIRO – Rule Consolidation – Phase 5 R\u00e9sum\u00e9 de la lettre : L’Organisme canadien de r\u00e9glementation des placements (OCRCVM) publie pour commentaires la phase 5 des propositions de r\u00e8gles de son Projet de regroupement des r\u00e8gles. L’objectif de la phase 5 du projet de consolidation des r\u00e8gles est d’adopter des exigences […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[128],"tags":[],"class_list":["post-4261","post","type-post","status-publish","format-standard","hentry","category-canadian-investment-regulatory-organization-ciro-fr"],"acf":[],"featured_image_src":null,"author_info":{"display_name":"clloyd@cfacanada.org","author_link":"https:\/\/cfacanada.org\/fr\/author\/clloydcfacanada-org\/"},"yoast_head":"\nCIRO - Rule Consolidation - Phase 5 - CFA Societies Canada<\/title>\n<meta name=\"description\" content=\"CFA Societies Canada's response to CIRO's Rule Consolidation - Phase 5 Consultation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIRO - Rule Consolidation - Phase 5 - CFA Societies Canada\" \/>\n<meta property=\"og:description\" content=\"CFA Societies Canada's response to CIRO's Rule Consolidation - Phase 5 Consultation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/\" \/>\n<meta property=\"og:site_name\" content=\"CFA Societies Canada\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-25T15:54:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-25T16:03:15+00:00\" \/>\n<meta name=\"author\" content=\"clloyd@cfacanada.org\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"clloyd@cfacanada.org\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/\"},\"author\":{\"name\":\"clloyd@cfacanada.org\",\"@id\":\"https:\\\/\\\/cfacanada.org\\\/#\\\/schema\\\/person\\\/bfb8c441f84b1651d6d5ad4a42a07022\"},\"headline\":\"CIRO – Rule Consolidation – Phase 5\",\"datePublished\":\"2025-06-25T15:54:39+00:00\",\"dateModified\":\"2025-06-25T16:03:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/\"},\"wordCount\":538,\"articleSection\":[\"L\u2019Organisme canadien de r\u00e9glementation des investissements (OCRI)\"],\"inLanguage\":\"fr-FR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/\",\"url\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/\",\"name\":\"CIRO - Rule Consolidation - Phase 5 - CFA Societies Canada\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cfacanada.org\\\/#website\"},\"datePublished\":\"2025-06-25T15:54:39+00:00\",\"dateModified\":\"2025-06-25T16:03:15+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cfacanada.org\\\/#\\\/schema\\\/person\\\/bfb8c441f84b1651d6d5ad4a42a07022\"},\"description\":\"CFA Societies Canada's response to CIRO's Rule Consolidation - Phase 5 Consultation\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/ciro-rule-consolidation-phase-5-consultation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CIRO – Rule Consolidation – Phase 5\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cfacanada.org\\\/#website\",\"url\":\"https:\\\/\\\/cfacanada.org\\\/\",\"name\":\"CFA Societies Canada\",\"description\":\"Canadian investment values\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cfacanada.org\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cfacanada.org\\\/#\\\/schema\\\/person\\\/bfb8c441f84b1651d6d5ad4a42a07022\",\"name\":\"clloyd@cfacanada.org\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e8c4597d4b4bbce08289f65553ecd58f67134726de8e338b57dada62dc12fcea?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e8c4597d4b4bbce08289f65553ecd58f67134726de8e338b57dada62dc12fcea?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e8c4597d4b4bbce08289f65553ecd58f67134726de8e338b57dada62dc12fcea?s=96&d=mm&r=g\",\"caption\":\"clloyd@cfacanada.org\"},\"url\":\"https:\\\/\\\/cfacanada.org\\\/fr\\\/author\\\/clloydcfacanada-org\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CIRO - Rule Consolidation - Phase 5 - CFA Societies Canada","description":"CFA Societies Canada's response to CIRO's Rule Consolidation - Phase 5 Consultation","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/","og_locale":"fr_FR","og_type":"article","og_title":"CIRO - Rule Consolidation - Phase 5 - CFA Societies Canada","og_description":"CFA Societies Canada's response to CIRO's Rule Consolidation - Phase 5 Consultation","og_url":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/","og_site_name":"CFA Societies Canada","article_published_time":"2025-06-25T15:54:39+00:00","article_modified_time":"2025-06-25T16:03:15+00:00","author":"clloyd@cfacanada.org","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"clloyd@cfacanada.org","Dur\u00e9e de lecture estim\u00e9e":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/#article","isPartOf":{"@id":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/"},"author":{"name":"clloyd@cfacanada.org","@id":"https:\/\/cfacanada.org\/#\/schema\/person\/bfb8c441f84b1651d6d5ad4a42a07022"},"headline":"CIRO – Rule Consolidation – Phase 5","datePublished":"2025-06-25T15:54:39+00:00","dateModified":"2025-06-25T16:03:15+00:00","mainEntityOfPage":{"@id":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/"},"wordCount":538,"articleSection":["L\u2019Organisme canadien de r\u00e9glementation des investissements (OCRI)"],"inLanguage":"fr-FR"},{"@type":"WebPage","@id":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/","url":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/","name":"CIRO - Rule Consolidation - Phase 5 - CFA Societies Canada","isPartOf":{"@id":"https:\/\/cfacanada.org\/#website"},"datePublished":"2025-06-25T15:54:39+00:00","dateModified":"2025-06-25T16:03:15+00:00","author":{"@id":"https:\/\/cfacanada.org\/#\/schema\/person\/bfb8c441f84b1651d6d5ad4a42a07022"},"description":"CFA Societies Canada's response to CIRO's Rule Consolidation - Phase 5 Consultation","breadcrumb":{"@id":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cfacanada.org\/fr\/ciro-rule-consolidation-phase-5-consultation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cfacanada.org\/fr\/"},{"@type":"ListItem","position":2,"name":"CIRO – Rule Consolidation – Phase 5"}]},{"@type":"WebSite","@id":"https:\/\/cfacanada.org\/#website","url":"https:\/\/cfacanada.org\/","name":"CFA Societies Canada","description":"Canadian investment values","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cfacanada.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Person","@id":"https:\/\/cfacanada.org\/#\/schema\/person\/bfb8c441f84b1651d6d5ad4a42a07022","name":"clloyd@cfacanada.org","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/secure.gravatar.com\/avatar\/e8c4597d4b4bbce08289f65553ecd58f67134726de8e338b57dada62dc12fcea?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e8c4597d4b4bbce08289f65553ecd58f67134726de8e338b57dada62dc12fcea?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e8c4597d4b4bbce08289f65553ecd58f67134726de8e338b57dada62dc12fcea?s=96&d=mm&r=g","caption":"clloyd@cfacanada.org"},"url":"https:\/\/cfacanada.org\/fr\/author\/clloydcfacanada-org\/"}]}},"_links":{"self":[{"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/posts\/4261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/comments?post=4261"}],"version-history":[{"count":4,"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/posts\/4261\/revisions"}],"predecessor-version":[{"id":4269,"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/posts\/4261\/revisions\/4269"}],"wp:attachment":[{"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/media?parent=4261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/categories?post=4261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfacanada.org\/fr\/wp-json\/wp\/v2\/tags?post=4261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}