Respond to Non-Compliance with Laws and Regulations Effectively

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The world leader for provision of ISO 9001:2015 Certifiable to Professional Accounting Standard Framework

Creating secure & digital-ready investment, operating and accountability environments within an integrated ecosystem.

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Certifiable to, the following International Organization Standards:

"First-of-its-kind framework (NOCLAR), meet first-of-its-kind technology (MQCC iQMS™)....developed in 2006."

Secure & digital-ready investment investment, operating and accountability environments start with MQCC's NOCLAR-based technology.

Non-Compliance with Laws and Regulations (NOCLAR)

Responding to Non-compliance with Laws and Regulations is an international ethics standard for auditors and other professional accountants (PAs). It sets out a first-of-its-kind framework to guide PAs in what actions to take in the public interest when they become aware of a potential illegal act, known as non-compliance with laws and regulations, or NOCLAR, committed by a client or employer.

The MQCC iQMS™ Environment(s) & Ecosystem Build's Trust & Inspires Confidence in accordance with IFAC.

Canadian and International Professional Accountants (CPA)

Do you want to engender trust within your client's organization pursuant to NOCLAR?

Then make sure your client implements MQCC iQMS™ systems technology; a turn-key solution that integrates with IESBA's NOCLAR Standard Framework and is Certifiable to the National Standard of Canada for Quality Management: ISO 9001:2015 (Published by the CSA Group). Certification is provided by Standards Council of Canada (SCC) Accredited Auditors and is recognized by over 119 countries and provides instant credibility to regulators, investors, customers and stakeholders.

There is no quicker, proven, trusted way to implement NOCLAR, than with MQCC iQMS™ integrated with the NOCLAR Standard Framework.

Products & Services

  • MQCC iQMS™ with NOCLAR Standards Framework Integration

The core product is the MQCC integrated Quality Management System (iQMS™) which ensures that organizations and their professional Accountants work symbiotically, in an ecosystem that is statutory, regulatory and process compliant. The iQMS™ prevents non-compliance and non-conformity events; and, effects corrective action, required.

Certified Regulatory, Statutory and Process Compliance Technology Since 2006!

MQCC's patent pending, mature, integrated Quality Management System (iQMS™) offers a trustworthy customizable, NOCLAR standard framework for any organization.

MortgageQuote Canada Corp. (MQCC) is the only global Canada-based finance sector firm whose risk-based integrated Quality Management System (iQMS™) is certified to meet the rigorous 'National Standard of Canada' for Quality Management, published by CSA Group (Canadian Standards Association). The Standard is trusted by Canadians and recognized by over 119 countries including USA, UK & AU.

In 2006, MQCC developed:

Financial Regulatory Compliance & Operations Technology for Financial Products-Services

(A Canadian Technology, World’s First: ISO 9001:2015­ Certified Statutory and Regulatory Compliant Integrated Quality Management System for the Finance Sector)

The world's first bespoke ISO 9001:2015 certified, litigation tested, risk-based integrated Quality Management System (iQMS™) designed to enable continual statutory and regulatory compliance and to prevent statutory and regulatory nonconformity events; for the following scope: "provision of mortgage banking ("lending" in Canada) and mortgage brokerage services". The scope may also be customized for any industry sector, beyond mortgage banking including: professional accounting, depository credit intermediation and non-finance sector industries.

MQCC's iQMS™ technology may be customized to integrate the following Accounting Standards

International Ethics Standards Board for Accountants (IESBA)

      • RESPONDING TO NON-COMPLIANCE WITH LAWS AND REGULATIONS Standard (NOCLAR framework) NOCLAR FactSheet

The International Auditing and Assurance Standards Board (IAASB)

International Standard on Auditing (ISA) 220 (Revised)

International Standard on Quality Control (ISQC) 1

Canadian Accounting Standards

      • as developed & implemented by FRAS and it's five member bodies:
        • Accounting Standards Oversight Council, Accounting Standards Board, Public Sector Accounting Board, Auditing and Assurance Standards Oversight Council, and Auditing and Assurance Standards Board.

Who is MortgageQuote Canada Corp. (MQCC)?

MortgageQuote Canada Corp. (MQCC) is the world leader in providing real-time transparent, accountable and efficient, OSFI- (Canada), OCC- (USA) and Other Regulatory Body (IFAC/IIROC/RECA/FICOM/FSCO/MSC - Canada & International (Australia, Europe, UK, Asia), certifiably statutory-, regulatory- and process-compliant, operational, reporting & audit technology to the banking & finance sector; to help businesses and organizations be more efficient and improve customer satisfaction.

In 2006, we developed what is today, the world's first bespoke ISO 9001:2015 certified, litigation tested, risk-based integrated Quality Management System (iQMS™) designed to enable continual statutory and regulatory compliance and to prevent statutory and regulatory nonconformity events; for the following scope: "provision of mortgage banking ("lending" in Canada) and mortgage brokerage services".

Our patent-pending and proprietary, continually improving world-class iQMS™ technology creates measurable levels of efficiency, quality, trust & confidence for the three critical risk management functions of a regulated and non-regulated financial sector company: Business (Operations), Enterprise (Compliance) and Governance (Audit) within a transparent ecosystem.

MortgageQuote Canada Corp. is the only company in Canada's finance sector, whose risk-based integrated Quality Management System technology is built on Standards that are both: recognized by 119 countries, including the Canadian Federal Government and all finance sector regulators; and certified thereto, by an Accredited Certification Body: "to safeguard consumers and users of [financial] products and services ..."


At MortgageQuote Canada Corp. "We do what we say and say what we do"; this approach "Makes Accounting, Banking, Finance & Investing Better"

What is NOCLAR? Visit IFAC, IAASB, IAESB

Code of Ethics for Professional Accountants (IESBA Code) regarding responding to non-compliance with laws and regulations (NOCLAR)

Excerpt:

  • Responsibility for Compliance with Laws and Regulations
    • It is the responsibility of management, with the oversight of those charged with governance, to ensure that the entity’s operations are conducted in accordance with the provisions of laws and regulations, including compliance with the provisions of laws and regulations that determine the reported amounts and disclosures in an entity’s financial statements.
  • Auditor [Professional Accountant] Requirements
    • The Auditor’s [Professional Accountant] Consideration of Compliance with Laws and Regulations
      • As part of obtaining an understanding of the entity and its environment in accordance with ISA 315 (Revised), the auditor [Professional Accountant] shall obtain a general understanding of:
        • (a) The legal and regulatory framework applicable to the entity and the industry or sector in which the entity operates; and
        • (b) How the entity is complying with that framework.

Email info@mortgagequote.ca to learn more.