Implementation of the Action Plan. 1. The Monitor shall supervise the implementation of the Action Plan and provide necessary recommendations so that the plan is implemented to the satisfaction of the Monitor. The Monitor’s supervision shall include review of the implementation of any components of the Action Plan. This shall include but not be limited to: i. Changes to compliance department staffing; ii. Newly developed processes or written procedures; iii. Training provided to supervisory staff and Approved Persons; iv. Newly developed client account forms or disclosure documents; v. Changes to branch and sub-branch review procedures; vi. Results of any branch or sub-branch reviews; vii. Reports used for branch or head office supervision; and viii. Changes to back-office systems.
Appears in 3 contracts
Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement