Meeting Summary 

Audit & Actuarial Committee – December 4, 2019

2020 Internal Audit Plan

The Mandate and Work Plan of the Audit & Actuarial Committee and the Internal Audit Mandate require the review and approval of the internal audit plan of the Global Head of Internal Audit.

Following questions and discussion, the AAC approved the 2020 Internal Audit Plan.

Anti-Terrorist Financing & Money Laundering Policy

The Audit & Actuarial Committee Mandate requires that the Committee approve the Anti-Terrorist Financing & Money Laundering Policy (the Policy).  Compliance & Ethics has reviewed the Policy in collaboration with representatives of Business Units and suggested certain amendments.

Following questions and discussion, the AAC approved the Anti-Terrorist Financing & Money Laundering Policy, as amended, effective January 1, 2020.  In accordance with OAC’s practice, the Policy is posted on the OMERS website.