The 2026 Fundamentals of Regulatory Compliance and Legal Risk Management for Financial Institutions

This mandatory module, featuring a series of six (6) virtual classes covering core compliance principles for financial institutions, is required for both the Certificate and Fundamentals programs. To complete it, you must view all classes and pass a mini-quiz with a grade of 80%, which means correctly answering 8 of 10 multiple-choice questions. It is strongly recommended that you complete the Pre-Work Module in advance as content will not be repeated.

• Understanding Compliance, Regulation and a Culture of Compliance
• Privacy
• AML, ATF and Economic Sanctions
• ABAC
• Behavioural Ethics and Compliance
• Technology and Industry Disruptors

Reminder: This program gives you the flexibility to upgrade to the Certificate by February 12, 2026 or defer to the next program offering (subject to availability). Contact OsgoodePD@osgoode.yorku.ca or (416) 597-9724.

9:30 a.m. Onsite Registration

10:00 a.m. Chairs’ Opening Remarks and Roadmap

10:15 a.m. Nuts and Bolts of a Successful Compliance Program
(session includes a 15m break at 11:30 a.m.)

• Three Lines of Defence, OSFI Guideline E-13
• Governance and regulatory change management
• Policies, procedures and controls
• Training, education and awareness, testing, monitoring and reporting
• Overview of regulatory exams, investigations and third-party risks
• Crisis management and setting the tone from the top
• Interplay among compliance, risk and legal – who manages risk?
• Accountability, communication and relationship management
• Tips for preparing for the “future of compliance”

Domenic Commisso, Senior Counsel, Legal Department, TD Bank Group
Supriya Kapoor, Founder & Principal, Aurelius GRP
Joann Sochor, Compliance Executive

12:45 p.m. Lunch Break

1:30 p.m. Risk Management Fundamentals: Types of Risk and Qualitative Control

• Various categories of risk: operational, strategic, reputation, financial/credit
• How to identify, mitigate and control risks effectively – large vs. small institutions
• Enterprise-wide risk management (ERM) and holistic risk management
• Purpose of stress testing, risk profile, risk appetite and risk tolerance
• Regulators’ risk rating methodologies
• Integrating risk management into governance and compliance
• Understanding qualitative vs. quantitative assessments and risks

Katherine Macpherson, Founder, KM Risk Consulting

3:00 p.m. Break

3:15 p.m. The Future of Compliance – Where are Things Going?

• Compliance careers, resources and challenges in finding rightly skilled people – technical vs “soft” skills
• As a “strategic asset” to the business and for the future – practical considerations for building the compliance profile and esteem
• As a partner to advance a culture of sustainability, ethics and conduct – doing what is right for employees, customers, and society as a whole
• Tips for dealing with changing technology/cyber risk, regulatory focus and expectations and information security reviews on new projects
• International considerations and delving into technology risk

Supriya Kapoor, Founder & Principal, Aurelius GRP
TBC

4:15 p.m. Overview of Managing Regulatory Reviews, Exams and Complaints

• Overview of lifecycle – from complaints, to exam prep, to exit reviews/action plans
• Key components, challenges, issues and risks
• Practical tips/insights/strategies to overcome common pitfalls
• Suggestions for additional reading and resources

Julie Ouellon-Wente, Chief Compliance Officer, Private Wealth, BMO Nesbitt Burns at BMO Financial Group (TBC)

5:00 p.m. Program concludes