Compliance

What Your Compliance Program Covers

Understand what BrokerPlus runs for your brokerage, what stays with you, and what activating the program turns on.

Appoint Your Compliance Officers

Name the people who own the program, and change them later without redoing setup.

Choose Your Operating Provinces

Tell BrokerPlus every province the brokerage works in so the right rules and disclosures apply.

Assign Compliance Reviewers

Choose who signs off on enhanced due diligence cases and sanctions decisions.

Upload Your Program Documents

Store the five written policy documents your program depends on, and record when the next review is due.

Bring Existing Clients Into Compliance

Choose how the book you already have gets screened, then work the rating queue it creates.

Choose Who Gets a Compliance Alert

Route urgent, attention and informational alerts to the officers, reviewers or named people who should see them.

Produce Your Program Package for a Regulator

Generate the brokerage compliance package as one document and send it to your officers or download it.

Tour the Compliance Record on a Deal

Find the compliance record on a file, read what each section answers, and see what is holding the file up.

Complete the Risk Rating Checklist

Score each borrower against the risk factors and record the rating the rest of the file depends on.

Run a Screening on a Client

Screen a client against the watchlists from a file or from the hub, and read what comes back.

What Lists a Screening Checks

See which lists a standard screening covers, what an extensive screening adds, and how a result is grouped.

Verify a Client's Identity

Record how a client's identity was confirmed, send a verification to them, and approve or reject the result.

Record a Politically Exposed Person Attestation

Record whether each applicant is a politically exposed person, how you know, and what a yes sets off.

Complete a Client's Information Record

Fill in the information record, the third party determination and the ownership details a file needs for each client.

Answer the Deal's Fraud Risk Questions

Work through the fraud and money laundering questions on a file, and use the shortcut when none of them apply.

Record a Client's Credit Consent

Get each borrower's authorization to pull credit by emailing a form or recording one you already hold.

Send the Disclosures a Deal Requires

Create, deliver and record the provincial disclosure documents a file owes before anything can be signed.

Assess Suitability

Record what the borrower needs, the options you weighed, and the reasoning behind your recommendation.

Record an Obligation You Handled Yourself

Clear a check you completed outside BrokerPlus, with the method and note that keep the record honest.

Add an Obligation to One File

Add a requirement to a single deal, either one you write yourself or one taken from your brokerage's library.

Download the Compliance File for a Deal

Produce the compliance record for one file as a document you can hand to a reviewer.

Navigate the Compliance Hub

Learn the four sections of the compliance hub and which question each one answers.

See Where Every File Stands

Work the queue of files that still owe something, either by file or by obligation.

Check What a File Will Owe

Describe a deal before you start it and see every obligation it will carry, and where each one is configured.

Adjust the Rules for a Province

Read the built in rules for a province and change a deadline or add a note where your brokerage is stricter.

Add Your Own Compliance Requirement

Create a reusable requirement of your own and decide when it applies and who it applies to.

Review the Documents BrokerPlus Prepares

Preview the disclosure documents BrokerPlus builds, see when each one is triggered, and replace one with your own.

Save Reviewed Lender Wording

Store reviewed prepayment, portability and assumability wording for a lender so future disclosures are not left blank.

Build a Compliance Package Template

Set the running order a team assembles a signing package in, and which documents it starts from.

Work the Compliance Alerts Page

Triage the matches that periodic re-screenings surface, and clear the ones that need nothing.

Handle a Sanctions Incident

Work a sanctions match from the freeze it places to the decision that closes it.

Manage Enhanced Due Diligence Cases

Open, evidence and close an enhanced due diligence case before its deadline.

Export Your Compliance Records

Build a stamped archive of one file, one client or the whole book, and check it later by its hash.

Set Retention Rules and Legal Holds

Set how long each class of record is kept, and place a hold that stops anything being cleared.

When Compliance Is Locked

Understand why screening is unavailable until the brokerage finishes setup, and what to do about it.