Office Structure. Organizational design of the CMRA will be guided by the following principles, which will be applied by the Board of Directors:
Office Structure. The CMR would have an effective executive head office located in Toronto and a nationally integrated executive management team. The executive head office would house the chief regulator and a sufficient number of the executive management team and executive corporate staff of the regulatory division to permit the executive head office, as part of the integrated executive management team with the deputy chief regulators and executive management and executive corporate staff based in Vancouver and the regulatory offices in other major capital markets jurisdictions, to provide the necessary leadership, direction and coordination for the regulatory division of the CMR to deliver effective and responsive securities regulation and to position the CMR as a global regulatory leader exerting commensurate international influence. The CMR would have a regulatory office located in each province that is a Participating Jurisdiction. Notwithstanding section 3.7, the regulatory office in a provincial Participating Jurisdiction would be relocated only with the consent of the responsible Minister of that provincial Participating Jurisdiction. If every province joined the Cooperative System, the CMR would have a regulatory office in each of: • Vancouver; • Calgary; • Regina; • Winnipeg; • Toronto; • Montreal; • Saint Xxxx; • Halifax; • Charlottetown; and • St. John’s. Organization design and culture of the CMR would be guided by the following principles, which would be applied by the board of directors: • Every regulatory office should have staff, expertise and resources that are commensurate with the capital markets activity, and regulatory and enforcement demands of the Participating Jurisdiction. • Each regulatory office should continue to provide the range of services that it does today with local decision making authority within national standards and the employment of current staff in that office would continue. • Each regulatory office should be managed by a director, who should coordinate the delivery of regulatory functions to enable timely and effective responses to the needs of local market participants and investors. The director should ensure that the deputy chief regulator responsible for the province or region is aware of local interests in the development and application of national policy. • Management and staff in each regulatory office should be empowered to make day- to-day decisions on regulatory matters, guided by common interpretations and national sta...
Office Structure. Because of the independent nature of the Office of the Ombuds, and in congruence with IOA Standards of Practice, 2.3.: “The Ombudsman is a designated neutral reporting to the highest possible level of the organization and operating independent of ordinary line and staff structures. The Ombuds should not report to nor be structurally affiliated with any compliance function of the organization.” At NEOMED, the Ombuds shall report to the University President.
