JPI Investments Limited, incorporated and regulated under the Financial Conduct Authority (FCA) of the United Kingdom, operates in full compliance with international legal frameworks, including the Financial Action Task Force (FATF) Recommendations and the International Organization of Securities Commissions (IOSCO) Principles. Under Canadian law, particularly the Securities Act (RSC 1985, c. S-1) and National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations, foreign entities may offer financial services to Canadian clients under certain exemptions, such as the offshore business exemption. This exemption allows firms like ours to engage with Canadian clients without requiring a local license, provided the firm adheres to international standards for investor protection and market integrity.
Our strict adherence to the UK’s regulatory framework ensures compliance with the Anti-Money Laundering and Anti-Terrorist Financing Act (AML/ATF), as well as the relevant know-your-customer (KYC) requirements. Thus, we are able to operate in Canada legally, offering services transparently and in accordance with global financial best practices.
However, it is crucial to note that Canadian authorities retain the jurisdictional right to intervene if any activity is deemed to violate Canadian laws or regulations. The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Securities Administrators (CSA), or provincial securities regulators may still exercise enforcement powers to address potential breaches of local laws. Such authorities can take actions, including imposing sanctions, investigating client complaints, or pursuing legal proceedings against foreign firms operating under exemptions, thereby ensuring that their activities align with Canadian public policy and regulatory expectations.