Investor-Shareholder Oversight System (ISOS)™

You are a chief, major (individual or institutional) or sole Managing Investor-Shareholder of a finance sector company and you want a system that will enable to you:

"Trust your Trustees, Direct your Directors, Oversee your Officers, Manage your Managers and Empower your Employees™ you can "sleep well at night.™"

Investor-Shareholder Oversight

Designed for Managing Investor-Shareholders.

The Investor-Shareholder Oversight System (ISOS)™ helps one of the two types of Investor-Shareholders, namely, Managing Investor-Shareholder's (MIS). The two types of investor-shareholders: Non-Managing Investor-Shareholder (NMIS) and Managing Investor-Shareholders (MIS) are described as follows.

Non-Managing Investor-Shareholder (NMIS)

    • Individuals who both invest in (as shareholders) and are employed at the organization, or, are NOT employed at the organization. As NMIS, the subject individuals are NOT permitted to access operational files of the organization.
      • Rights and responsibilities of NMIS shareholders
        • After paying for their shares, shareholders have the right to:
          • vote at the shareholders' meeting (if their shares have a right to vote)
          • receive a share of the profits (dividends) of the corporation
          • receive a share of the property of the corporation when the corporation is dissolved
          • be notified about shareholders' meetings and attend them
          • elect and dismiss directors
          • approve by-laws and by-law changes
          • appoint the auditor of the corporation (or waive the requirement for an auditor)
          • examine and copy corporate records, financial statements and directors' reports
          • receive the corporation's financial statements at least 21 days before each annual meeting
          • approve major or fundamental changes (such as those affecting a corporation's structure or business activities).
          • The shareholders' liability in a corporation is limited to the amount they paid for their shares; shareholders are usually not liable for the corporation's debts.

These are typically public companies.

Managing Investor-Shareholders (MIS)

    • Individuals who both invest in (as shareholders) and are employed at the organization, or, are NOT employed at the organization. As MIS, the subject individuals are permitted to access operational files of the organization, by way of Unanimous Shareholders Agreement.
      • Management of the corporation and relations among shareholders
          • Under the CBCA (Canada Business Corporations Act or international equivalent), the board of directors has control over the management of the corporation unless there is a unanimous shareholder agreement that transfers the powers and liabilities of the directors to the shareholders. Because directors are elected by ordinary resolution of the shareholders, if one shareholder has more than 50 percent of the votes, that shareholder alone can decide who will sit on the board. If minority shareholders (those with a small stake in the corporation) in a small corporation do not feel adequately protected by a board of directors elected by a majority shareholder, they might want to negotiate a shareholder agreement that better protects their investment in the corporation.
            • Unanimous shareholder agreements: Using these agreements, which must be in writing, the CBCA permits all of the shareholders of the corporation to transfer all or some of the powers of the directors to the shareholders. Where there is only one shareholder, that person can sign a written declaration that has the same effect as a unanimous shareholder agreement. The wording must be precise: an agreement signed by all of the shareholders does not fit the definition of a unanimous shareholder agreement if it does not deal with the transfer of powers, and the responsibilities that go along with them, from the directors to the shareholders.

These are typically non-public companies.

Investor-Shareholder Oversight System (ISOS)™


ISOS™ is designed to give the Managing Investor-Shareholders (MIS) real-time oversight into the entire operations of a regulated or non-regulated financial sector organization: bank, lender, investment company, broker agency; on a daily and per-transaction basis. If an opportunity or transaction enters the company, ISOS™ will enable the MIS to see the 5W's, at a glance:

  • Who is bringing the opportunity or transaction
  • What product or service does the opportunity or transaction require
  • Where is the opportunity or transaction going to be delivered or serviced
  • When did the opportunity or transaction originate
  • Why did the opportunity or transaction come to your firm

And, if there is a non-conformity at any stage of the process, ISOS™ will be able to report to the MIS and allow the MIS to investigate "at-a-glance" and determine the appropriate corrective action or otherwise mitigate the situation. Of course, the MIS might also have Directors, Officers and Employees to do the work. ISOS™ let's the MIS know that his or her Directors, Officers and Employees are actually doing the work that they are required to.

Further: ISOS™ can be integrated with your financial systems, for accounting, reporting and financial stewardship purposes.

What about Oversight for Non-Managing Investor-Shareholders?


That's what iQMS™ is for! If you are a non-managing investor-shareholder in a public financial sector company, what can you do if you want the ability to "sleep well at night™"? At your next Annual General Meeting (AGM) or shareholder's meeting, do the following:

  • Raise a shareholder resolution as per your rights. As an investor-shareholder, you exercise most of your influence over how the corporation is run by passing resolutions at shareholders' meetings. Decisions are made by ordinary, special or unanimous resolutions.
  • Or, before you next AGM, send your Directors a link to this page: Regulated Financial Institutions and tell them to implement the MQCC iQMS™ system (by way of voting, of course).

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