Committees
The Board relies on the support of the many CSF committees to back its decisions. The committees are advisory bodies. The Board gives the committees the mandate to discuss certain topics that will facilitate decision making and render it more effective. The committees analyze the topics arising from the mandate. They give an account of their work to the Board and make recommendations if necessary. The Board must ratify a committee’s recommendation to render it operational.
Standing committees
Governance and Ethics Committee
The CSF’s Governance and Ethics Committee (“GEC”) is mainly focused on regulations and practices of governance, issues related to ethics, the makeup of the Board and its committees, the recruitment of independent Board members, and the performance of the CSF’s Board of Directors and the individuals involved.
Audit and Finance Committee
The Audit and Finance Committee (“AFC”) is mainly focused on the optimal use of the CSF’s material and financial resources, the integrity of financial information, the implementation of efficient internal measures of control, external audits, and risk management for the CSF.
Human Resources Committee
The Human Ressources Commitee ("CHR") is mainly focused on the remuneration and the other work conditions of the president and directors of the CSF, on the risk management related to HR, on the selection, criteria and evaluation of the performance of the president and directors of the CSF and the planning of the CSF future hirings.
Non-standing committees
Professional Training and Development Committee
The Professional Training and Development Committee (“PTDC”) is an advisory committee that is mainly focused on the professional training and development of members of the CSF, instructor standards, and the relevance of the training activities offered to members by the CSF and external organizations.
Regulatory Monitoring and Compliance of Practices Committee
The Regulatory Monitoring and Compliance of Practices Committee (“RMCPC”) is an advisory committee that is mainly tasked with monitoring regulation trends in the distribution of financial services and products, and it plays an advisory role on issues of ethics and compliance of professional practices.
