On August 3, 2012 the Investment Industry Regulatory Organization of Canada (“IIROC”) issued its strategic plan for 2012-2015 (“Plan”). IIROC has set out its seven core strategic goals for the next period, namely to (i) promote a culture of compliance; (ii) promote the protection of the investing public; (iii) deliver effective and expert regulation; (iv) strengthen the fairness, integrity and competitiveness of the Canadian capital markets; (v) act in an accountable, transparent and fair manner; (vi) be a cost-effective and efficient organization; and (vii) be an employer of choice.
Susan Wolburgh Jenah, IIROC’s President and Chief Executive Officer said “this Plan will guide IIROC’s efforts to strengthen investor protection and stakeholder confidence in the integrity, fairness and competitiveness of Canada’s capital markets in a rapidly evolving environment”.
The Plan follows IIROC’s first strategic plan which was developed in 2008 and served as a foundation for the priorities and operational strategy of the organization. The 2008 plan was updated for the 2008-2012 period following a comprehensive review. IIROC’s Annual Report will include an annual scorecard which will set out IIROC’s progress in achieving the goals articulated within the Plan.