Provides Consumers with "at-a-glance" or "prima facie" or "visual" identification of:

• Trust

• Quality

• Safety

• Efficiency

MQCC Systems and Technology may be influenced by, compliant with, or registered to the:

• agreements

• annexes

• decisions

• understandings

• general principles

• guidelines

• recommendations

• standards

of the following International Organizations (not a complete list):

• World Trade Organization (WTO)

• Organisation for Economic Cooperation and Development (OECD)

• Group of Twenty (G20)

• Group of Seven (G7)

• The Digital 9 (D9)

• United Nations (UN)

  • UNDP United Nations Development Programme RE: Governance

  • ECOSOC United Nations Economic and Social Council RE: Rule of Law

  • UNS CEBC United Nations System, Chief Executives Board for Coordination RE: "Unification of Disparate International Organizations" (defined by MQCC).

• International Organization for Standardization (ISO)

• World Intellectual Property Organization (WIPO)

• Domestic Canadian Federal and Provincial legislation and International Treaties

World Trade Organization (WTO)

• Use of International Standards to help reduce "technical barriers to trade" (TBT) (source: ISBN 978-92-870- 3836-4)

Organisation for Economic Cooperation and Development (OECD) & Group of Twenty (G20)

• G20/OECD Principles of Corporate Governance (Source: ISBN 978-92-64-23687-5)

Group of Seven (G7)

• 7 Fundamental Elements of Cybersecurity in the Financial Sector

The Digital 9 (D9)

• Source: (https://www.digital.govt.nz/digital-government/international-partnerships/the-digital-9/)

United Nations (UN)

• United Nations Development Programme (UNDP); Governance for Sustainable Human Development – A UNDP Policy Document.

International Organization for Standardization (ISO)

• Source: (www.iso.org)

In accordance with theGovernment of Canada's Treasury Board Cabinet Directive on Regulation ((Governor in Council, also known as Treasury Board Part B) acts as the Queen’s Privy Council for Canada in its role in approving: regulatory policies, regulations, most orders in council); Her Majesty the Queen in Right of Canada, published July 13, 2018, there are four guiding principles to Canadian federal regulatory policy (which affects other jurisdictions, including provincial, municipal and international).

1. Regulations protect and advance the public interest and support good government: Regulations are justified by a clear rationale in terms of protecting the health, safety, security, social and economic well-being of Canadians, and the environment.

2. The regulatory process is modern, open, and transparent: Regulations, and their related activities, are accessible and understandable, and are created, maintained, and reviewed in an open, transparent, and inclusive way that meaningfully engages the public and stakeholders, including Indigenous peoples, early on.

3. Regulatory decision-making is evidence-based: Proposals and decisions are based on evidence, robust analysis of costs and benefits, and the assessment of risk, while being open to public scrutiny.

4. Regulations support a fair and competitive economy: Regulations should aim to support and promote inclusive economic growth, entrepreneurship, and innovation for the benefit of Canadians and businesses. Opportunities for regulatory cooperation and the development of aligned regulations should be considered and implemented wherever possible.

Below are some excerpts from the Directive and Policy documents including: references to standards and international standards, international best practices, risk, absence of scientific certainty (the pioneering work of Mr. Anoop Bungay in the discovery, study and commercialization of "conformity science" (www.conformity.org), and sub-branches including the "principles of 'BlockChain'" are academically peerless, yet proven through over a decade of commercialization and continuous registration to ISO 9001:2000, ISO 9001:2008 and ISO 9001:2015) and effectiveness are included in the following sections, subsections, paragraphs:

4.0 The regulatory life cycle approach, section

4.2 Regulatory cooperation and regulatory alignment

• Regulatory alignment occurs when there is any agreement or arrangement , coordinated or otherwise, which reduces or eliminates differences between independent regulatory systems and regulatory activities, including inspections,certification, adoption of standards, and product and testing approval.

5.0 Development of regulations:

5.1 Determination of regulatory approach

5.1.2 Instrument choice

• Departments and agencies are responsible for assessing theeffectiveness and appropriatenessof regulatory and non-regulatoryinstruments for achieving policy objectives.

• Departments and agencies should also demonstrate that they have considered relevant domestic and international best practices as part of the instrument choice exercise.

5.2 Regulatory Impact Analysis

5.2.5 Regulatory cooperation

• Departments and agencies are to examine the regulatory systems of relevant jurisdictions, such as those of domestic partners or key trading partners, particularly those with whom Canada has a coordinated regulatory cooperation arrangement, to identify potential areas for alignment or cooperation. This assessment should also include a review of work undertaken by international standard development organizations for possible incorporation by reference.

5.2.6 Incorporation by reference

• Incorporation by reference can be an effective tool in achieving regulatory outcomes. Departments and agencies should take into account potential opportunities for incorporation by reference of internationally accepted standards and/or regulations or other appropriate instruments.

5.2.9 Implementation

• Departments and agencies must plan for the implementation of the regulatory proposal as part of their analysis. This could include the examination of the following factors: implications for other jurisdictions (domestic [provincial, municipal] and international).

In accordance with theGovernment of Canada's Treasury Board Policy on Regulatory Development;

5. Definitions

• outcome-based regulations, also known as a performance-based regulations, specify objectives or required outcomes rather than the means by which they must be achieved. Companies and individuals are free to choose how they comply with the regulatory requirements

• regulatory alignment occurs when there is any agreement or arrangement, formal or informal, between jurisdictions that reduces or eliminates differences between:

• independent regulations

• regulatory systems

• regulatory activities

Regulatory alignment may also be unilateral when one jurisdiction mirrors the regulatory approach of another jurisdiction without establishing any agreement or arrangement. Regulatory alignment may occur with:

• inspections

• certification

• standards

• product and testing approvals

Regulatory alignment may also be referred to as:

• regulatory harmonization

• regulatory convergence

• mutual recognition

7 Requirements:

7.1 Initial development, consultation and planning for a regulatory proposal

7.1.1 Identifying a policy issue

When assessing and documenting public policy issues (see subsection 5.1.1 of the directive), regulators must:

• analyze the public policy issue, its causes and its context, including its urgency, risks and immediate and long-term impacts

• review relevant:

  • evidence-based assessments, analyses, standardsand peer-reviewed publications

  • the regulatory and non-regulatory systems of:

    • provincial and territorial governments

    • other countries or jurisdictions (including provinces, territories, municipalities and international organizations)

    • international organizations

7.1.2 Early consultation

When undertaking consultation, regulators must:

• explore opportunities for regulatory cooperation and regulatory alignment with other jurisdictions and international organizationsin order to:

  • accomplish public policy objectives

  • respond to input from stakeholders

7.1.3 Instrument Choice

When analyzing a public policy problem and examining potential solutions, regulators must consider potential alternatives to regulation. In meeting the obligations set out in subsection 5.1.2 of the directive, regulators must:

• assessthe regulatory and non-regulatory approachesof related jurisdictions to understand how they have addressed a similar public policy issue

• identify the appropriate instrument or mix of instruments, including regulatory and non-regulatory measures(legislation, regulations, voluntary mechanisms, standards [ISO 9001:2015 is a Standard with inbuilt conformity assessment integration that conforms with the Standards Council of Canada: National Conformity Assessment Principles for Canada, used in World Trade Organization (WTO) Economic Development and Trade applications] , guidelines, directives and policies)

• consider the design of the regulatory response in order to:

  • effectively address the policy objectivese

  • ensure that the response:

    • is proportional to the degree and type of risk

    • will not unduly affect areas that the regulations were not designed to address

• explore whether the regulatory objective can be achieved through outcome-based regulationsto help ease compliance burdenand facilitate innovation, particularly for technical regulations [this is what MQCC.org does]

• assess or establish regulatory cooperation or alignment with relevant jurisdictions, including opportunities for co-development in new or emerging sectors [conformity science and non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading securities and related financial instruments; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow securities and related financial instrumentsis an emerging industry group within the finance sector]

• engage small businesses in:

  • considering alternative approaches to compliance

  • compliance promotionwhere applicable

[MQCC.org is a comparatively small business and is happy to work with regulatory bodies ]

Regulators should also begin to consider the following when determining whether to pursue a particular regulatory solution:

• costs and benefits of the selected instrument

• feasible alternative options

7.1.4 Incorporation by reference

In accordance with subsection 5.2.6 of the directive, regulators should consider opportunities to incorporate by reference, including:

• international or national standardsor regulations

• other appropriate material, including manuals, directives and lists

Any use, adoption or incorporation of standardsin regulations must comply with Canada’s international trade obligations, including:

• the World Trade OrganizationAgreement on Technical Barriers to Trade

• any related provisions of free trade agreements that are in force

Regulators should consult with Global Affairs Canada to determine whether there are any trade commitments that pertain to the proposed regulation. For example, regulators must first consider adopting or incorporating an existing international standardbefore considering developing a unique Canadian standard.

7.2.4 Regulatory cooperation

To assess whether there are opportunities for cooperation or alignment, regulators must demonstrate that they have:

• analyzed the approach of standard-setting bodies of relevant jurisdictions or international organizations to identify possibilities for alignment.

7.2.8 International obligations

In accordance with subsection 5.2.8 of the directive, when developing regulations, regulators must ensure that Canada’s international commitments outlined in the following are met:

• trade agreements

• international agreements

• other mechanisms

Regulators should consult with the internal international affairs divisions of Global Affairs Canada and with their internal departmental international affairs divisions to determine such commitments. An example is the requirement for some regulations to be written using plain language.

Regulators must:

• determine at the triage stage whether an international trade agreement to which Canada is a party affects their regulatory proposal

• include such information in the RIAS (Regulatory Impact Analysis Statement)

Examples of trade agreements are:

• the World Trade Organization’s Technical Barriers to Trade Agreement

• the Agreement on the Application of Sanitary and Phytosanitary Measures

• Canada’s international free trade agreements

See Canada & Other National Governments (Government and Public Policy)page to learn more.

Quality Starts at the Top for Organizations: see Top Management Leadership & Commitment: Quality Starts at the Top (Register to read this)

Regulatory Bodies include:

• SeeCanadian Regulators and Public Policy Outreach section ofCanada & Other National Governments (Government and Public Policy)page to learn more.

MQCC Key Authorities

MQCC is incorporated in Canada pursuant to legislation in the Province of Alberta with registered offices in British Columbia (BC) and Ontario (ON).

Additional Governing Legislation

In accordance or reference to the following Canadian legislation and related international agreements or treaties (not a complete list);

• Real Estate Act of Alberta

• Mortgage Brokers Act of British Columbia (BC)

• Mortgage Brokerages, Lenders and Administrators Act of Ontario

• Incorporation by Reference in Regulations Act

• Trademarks Act

• Standards Council of Canada Act

• Statutory Instruments Act

• National Research Council Act

• Government of Canada: Innovation in the public service (Source: https://www.canada.ca/en/government/publicservice/modernizing.html)

• Memorandum of Understanding between the Treasury Board of Canada Secretariat and the Department of Digital, Culture, Media and Sport, of the United Kingdom of Great Britain and Northern Ireland Concerning Digital Government

• Government of Canada Strategic Plan for Information Management and Information Technology 2017 to 2021

• Budget Implementation Act, 1997, S.C. 1997, c. 26 (Part I: Canada Foundation for Innovation)

Definition: research 

means the attempt by careful scientific or technical enquiry, experimentation, study, observation, analysis and recording to discover new facts, knowledge and information, to develop new interpretations of facts, knowledge or information, or to discover new means of applying existing knowledge, relating to

(a) a science;

(b) health;

(c) engineering; or

(d) the environment

Definition: research infrastructure

means equipment, specimens, scientific collections, computer software, information databases, communications linkages and other intangible property used or to be used primarily for carrying on research, including housing and installations essential for the use and servicing of those things.

• Department of Public Safety and Emergency Preparedness Act

• Department of Defence: Defence Administrative Orders and Directives (DAOD)

• Competition Act

• Treasury Board of Canada Secretariat

MQCC™ BE THE BANK™/® goods and services are central bank grade system standards. Yes, central bankers use the same standards that MQCC™ uses. For over 13 years; starting at least as early as 2008. Visit www.mqcc.org to learn more.

Quality of MQCC™ BE THE BANK™/® goods and services and name are controlled by license agreement and other contractual instruments. Any Organization or Individual (OIN) who used BE THE BANK™/® without a license is "acting unlawfully; passing off as MQCC™ or Bungay International Inc. and Anoop Bungay; and is is subject to prosecution; regulatory complaint, or investigation by anti-piracy and counterfeit enforcement authorities.

Prevent Loss; Don't Risk It

Look for the following Words; or Listen for the Word Phrase:

In any part of a book, website, social media, packaging, video, radio announcement.

Only companies who are licensees of MQCC™ are permitted to use the Be The Bank™/® trademark brand name.