The Investment Funds Institute of Canada (IFIC) is preparing for its annual Operations Day and has finalized its agenda and speaker lineup for the May 30 event.

Industry and senior level operations executives are expected to discuss current trends, challenges, programs and practical measures across the regulatory landscape of investment funds. The day will also include an update on the New Self-Regulatory Organization of Canada (New SRO) and its progress, will discuss first home savings account (FHSA) concerns and provide an update about privacy regulation, alongside developing T+1 efforts (moving from a three-day trade settlement period to one, in line with U.S. developments in that area). Digital transformation is also on the agenda, along with total cost reporting operational impacts.

“While change is constant, it is clear that the investment funds industry is heading in to a particularly exciting and dynamic period. The creation of the New SRO in January and the beginning of the highly complex implementation of total cost reporting rules are just two examples where the industry will head into largely uncharted territory,” IFIC states. “Leaders will share their views on rising to today’s big challenges along with what is coming next.”