Reflecting the global nature of the investment industry, CIPF works collaboratively with counterparts around the world to enhance its ability to protect the investing public. To that end, CIPF has entered into agreements with similar protection funds in other countries to further protect investors by providing a framework for addressing cross-border cases of brokerage firm insolvencies.
The agreements – called memorandums of understanding – typically detail the level of cooperation when dealing with investor claims for compensation as a result of cross-border insolvencies of member firms. They also encourage the exchange of information on a regular basis regarding the nature, role and experience of the organizations.
CIPF has entered into memorandums of understanding with the following protection funds: