These documents are a resource for QAFP® professionals and CFP® professionals, students, recognized education providers, the Canadian public and other stakeholders.

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.

Standards of Professional Responsibility

In effect from June 1, 2024.

View the Standards of Professional Responsibility

Standards of Professional Responsibility archive

Any complaints alleging professional misconduct by a current QAFP professional or CFP professional before June 1, 2024 will be governed by previous versions of the Standards of Professional Responsibility.
 

May 2022 to May 2024
Standards of Professional Responsibility for CFP Professionals and QAFP Professionals

July 2021 to April 2022
Standards of Professional Responsibility for CFP Professionals and QAFP Professionals

January 2020 to June 2021
Standards of Professional Responsibility for CFP Professionals and QAFP Professionals

April 2019 to December 2019
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

January 2019 to March 2019
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

June 2017 to December 2018
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

March 2016 to May 2017
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

June 2015 to February 2016
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

November 2014 to May 2015
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

October 2014
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

March 2014 to September 2014
Standards of Professional Responsibility for CFP Professionals and FPSC Level 1 Certificants in Financial Planning

November 2011 to February 2014
Standards of Professional Responsibility for CFP Professionals and FPSC Registered Candidates

January 2010 to October 2011
CFP Code of Ethics
CFP Financial Planning Practice Standards

April 2005 to December 2009
CFP Code of Ethics

June 2000 to March 2005
Code of Ethics

Rules and procedures

FP Canada Standards Council Disciplinary Rules and Procedures

These Rules and Procedures guide how the Standards Council conducts investigations and disciplinary hearings into actions CFP professionals and QAFP professionals that may represent a breach of the Standards of Professional Responsibility.

FP Canada Standards Council Disciplinary Rules and Procedures

 

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 exams.

FP Canada Standards Council Disciplinary Rules and Procedures for Examination Misconduct 

 

Notice: 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) came 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 QAFP professionals, CFP 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.

 

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