FP Canada Standards Council™:
Policies and Procedures

FP Canada Standards Council publishes a variety of documents and reports containing standards, policies and guidelines for the financial planning profession. These documents are a helpful resource for FP Canada certificants, students, educators, the Canadian public and other stakeholders.

 


Notice: Various changes to the FP Canada Standards Council Disciplinary Rules and Procedures (DRP) and the FP Canada Standards Council Disciplinary Rules and Procedures for Examination Misconduct (DPEM) come into effect on October 1, 2023. The changes are part of an ongoing effort by the FP Canada Standards Council to ensure all policies are reflective of current practices and are as detailed as possible, to ensure transparency for the benefit of CFP® professionals, QAFP® professionals, certification candidates and the Canadian public.

Among other amendments, the recent changes include publication of Discipline Hearing and Appeal Panel Decisions on CanLII, a national case reporting search tool; and the ability to collect additional costs relating to Discipline Hearings and Appeals.

As these are only a few of the changes to the DRP and DPEM, we encourage you to review the full document.

 

FP Canada Standards Council Standards of Professional Responsibility

Set and enforced by the FP Canada Standards Council, the Standards of Professional Responsibility define the ethical and professional responsibilities of CFP professionals and QAFP professionals. The Standards of Professional Responsibility include the: Code of Ethics, Rules of Conduct, Fitness Standards and Practice Standards. These standards are maintained by the Standards Panel.

 

Previous Versions

The current version of the Standards of Professional Responsibility took effect in May 1, 2022. Any complaints alleging misconduct by a current FP Canada certificant prior to May 1, 2022, will be governed by previous versions of the Standards of Professional Responsibility.













April 2005 to December 2009
CFP Code of Ethics

June 2000 to March 2005
Code of Ethics

 

FP Canada Standards Council Disciplinary Rules and Procedures

The FP Canada Standards Council Disciplinary Rules and Procedures guide how FP Canada Standards Council conducts investigations and disciplinary hearings into actions by FP Canada certificants that may represent a breach of the FP Canada Standards Council Standards of Professional Responsibility.


 

FP Canada Standards Council Disciplinary Rules and Procedures for Examination Misconduct

The FP Canada Standards Council Disciplinary Rules and Procedures for Examination Misconduct guides how the Standards Council conducts investigations and hearings relating to misconduct on FP Canada Certification Examinations.