Name: Fireside Chat with the OSC regarding Client Focused Reforms
Start: 2021-03-04T19:00:00Z
End: 2021-03-04T19:00:57.000Z
Location: BrightTALK
Rating: 0

Periodic webinars highlighting conversations around financial regulation and compliance with the occasional demo of Morningstar products.

We are in the midst of a climate crisis. Without decisive action, companies and their investors will face climate-related physical and transition risks that will impact their operations, their assets and ultimately their bottom lines. 

Globally, the regulatory landscape is evolving to try to address the climate crisis. However, this creates a new set of challenges as firms strive to comply with the growing number of reporting frameworks and standards, while trying to mitigate climate-related risks in their portfolios. 

Join us to gain insights on the climate transition risks institutional investors face, how they can assess those risks, and what they can do to manage those risks effectively. We will discuss:  
           - What climate transition risks are.  
           - The role asset managers can play in mitigating the impacts of climate change.  
           - What investors can do to better understand and evaluate climate transition risks in their portfolios.  
           - How the changing climate reporting regulatory landscape could impact companies and investors.

Speakers:  
           - Anya Solovieva, Global Commercial Lead, Climate Solutions, Morningstar Sustainalytics  
           - Melissa Chase, Senior Content Marketing Manager, Morningstar Sustainalytics

Climate Transition Risks: 6 Investors Questions Answered

In 2023, asset management firms caught greenwashing faced criticism by regulators and clients alike, with perpetrators facing real consequences such as:  

- Reputational risk 
- Regulatory compliance issues 
- Fines (up to billions of dollars) 
- and more 
 
Join speakers from Morningstar Sustainalytics for a panel discussion on greenwashing risk and how regulators and asset managers are tackling this issue in 2024. 

We’ll discuss:  

- The regulatory landscape for 2024  
- How asset managers are thinking about building thoughtful strategies to mitigate greenwashing risk 
- Ways to potentially mitigate greenwashing risk and build an authentic ESG strategy 

Submit your questions by December 1, 2023 to Beth Thompson at beth.thompson@morningstar.com for a chance to have them answered live by the experts.  

Speakers:
- Ruthann Bartello, Director, Commercialization, Morningstar Sustainalytics  
- Anne Schoemaker, Director, ESG Products, Morningstar Sustainalytics 
- Benjamin Schofield, Director, Product Strategy/Commercialization, Sustainalytics

Is the Grass Always Greener? Greenwashing Risk and Regulation

Financial advisors are looking for ways to deliver differentiated value to clients without getting slowed down from meeting growing regulatory requirements. The changes to KYC requirements stemming from the Client Focused Reforms (CFR) could simply be addressed as a regulatory imperative.

However, this webinar will explain how the ability to uncover actionable insights from these client preferences will allow advisors to stand out and build better customer relationships. 

Join industry and compliance SMEs for a panel discussion on how firms have adapted to Client Focused Reforms as well as top concerns they are still facing. You will learn: 

- How the shift from KYP to KYC is impacting the focus of home office teams and their advisors 
- Best practices for integrating risk and client preferences into meaningful investment decisions 
- How the right processes and technologies can ease the compliance burden on advisors and empower them to better serve their clients.

Adapting to Win with Actionable Know Your Client Insights - Executive Roundtable

In December of 2021, the Investment Industry Regulatory Organization of Canada (IIROC) updated its guidance, encouraging advisors to understand clients’ preferences around Environmental, Social, and Governance considerations when completing the Know-Your-Client process. Though advisors are urged to record this information, the guidance does not yet require advisors to implement these preferences in investment recommendations. To do that, advisors would first need to understand clients’ preferences, and then find products that meet those investment objectives. How would one go about doing that? 

The panel will address the following:
• Where does an advisor begin in recording an investor’s ESG preferences? 
• What techniques can be used to determine the degree of commitment an investor has to ESG?
• How to differentiate between an investor’s pecuniary ESG beliefs and nonpecuniary ESG preferences?
• Where can one find suitable sustainable investments? 
• How can investors tell whether sustainable investments meet their stated objectives?

Panelists:
Jon Hale, Director, Sustainability Research, Morningstar
Jason Pereira, Partner and Senior Financial Consultant, Woodgate Financial Inc.
Fate Saghir, SVP, Head of Sustainability, Mackenzie Investments 
Moderator: Ian Tam, Director of Investment Research, Morningstar

Bridging the Gap between Value and Values

As investors demand more transparency, we continue to see new regulations introduced that protect consumers, fortify the fiduciary relationship, and mitigate conflicts of interest. Firms are now turning their attention to the new SEC Marketing Rule, and many may be tempted to apply a band aid approach that simply addresses current requirements. These point solutions can prove to be more time-consuming and costly in the long run. Instead, companies should be proactively managing regulation as a core component of their operating strategy. Those that embrace regulation not only mitigate risk but may gain a competitive advantage.   

Join us as we discuss the challenges and opportunities of today’s regulatory environment.   
     - What near-term pressures is the new SEC Marketing Rule posing?  
     - How can you embed regulatory requirements within your firm’s strategy?  
     - What is the future direction of the regulatory environment? 

Panelists: 
Matt Radgowski - Head of Advisor Solutions, Morningstar  
Aron Szapiro - Head of Retirement Studies and Public Policy, Morningstar  
Jeongmin (Jenny) Lee – Market Research Manager, Morningsta

Aligning Regulatory Compliance with Your Firm's Growth Strategy

Les Réformes orientées client (ROC) doivent entrer en vigueur le 31 décembre 2021. Non seulement les sociétés de conseils devront continuer à adapter leur modèle d’entreprise en conséquence, mais il faudra aussi qu’elles articulent rapidement les exigences des ROC autour des principes de connaissance du client (CVC), connaissance du produit (CVP), adéquation et conflits d’intérêts. Bien qu’elles apportent un changement bienvenu du point de vue des investisseurs particuliers, ces exigences fondées en majeure partie sur des principes peuvent parfois prêter à diverses interprétations. 

Venez retrouver Patrice Nzigamasabo de Morningstar Canada, qui évoquera en compagnie de Sophie Jean, de l’Autorité des marchés financiers, la manière dont les firmes peuvent naviguer les ROC dans le respect des principes de CVC, de CVP et d’adéquation, et de ceux liés aux conflits d’intérêts.

- Sophie Jean, conseillère-cadre, Encadrement des intermédiaires, Autorité des marchés financiers
- Patrice Nzigamasabo, Vice-président, développement des affaires, Morningstar Canada

Naviguer dans les défis et les possibilités du CFR - French Canada Edition

The European regulatory landscape continues to evolve on many fronts. Each quarter, Morningstar’s International Regulatory Newsletter reports the most recent developments.

In this Regulatory Reporting webinar, Andy Pettit, Morningstar’s Director of Policy Research will bring the Spring 2021 newsletter to life, providing an overview of the latest developments across ESG, costs and charges and investor communications.

Samantha Cone, Product Manager Reporting Solutions, will show you practically how regulatory requirements can be implemented in reporting to clients and retail investors.

In this webinar, you will learn about:
- Costs, Charges and Product Governance under MiFID II
- SFDR implementation and EU Taxonomy updates
- PRIIPs KIDs - will they delay or go ahead with January 2022

European Regulatory Reporting Update

By the end of this year, advisory firms must comply with the principles-based guidelines around KYC, KYP, and suitability. The deadline to implement these regulator-mandated client focused reforms is fast approaching, and firms must adopt new processes and technologies to ensure adherence. How are they doing it? Join us for the second Morningstar Executive Forum of 2021, as we discuss the challenges and opportunities that firms must navigate.

Panelists:

Sarah Asals, Compliance Manager, MFDA

Anthony Giglio, VP, Wealth CFR Transformation, TD Wealth

John O'Donnell, Compliance Manager, MFDA

Susan Silma, Head, Risk and Regulatory Practices, Sun Life Financial Investment Services

Moderator: Ian Tam, Director of Investment Research, Morningstar Canada

How Firms are Implementing CFR Requirements

Client Focused Reforms (CFR) are set to come into effect on December 31st 2021, against the backdrop of another wave of the coronavirus. Advisory firms are not only having to continue to adapt their business models, but also quickly adapt CFR requirements around KYC, KYP, Suitability, and conflicts of interest. While a welcome move from the perspective of retail investors, the largely principles-based requirements can be subject to some interpretation. Join Ian Tam for a fireside chat with the OSC to answer your questions.

Fireside Chat with the OSC regarding Client Focused Reforms

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Financial Regulation

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Fireside Chat with the OSC regarding Client Focused Reforms

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