Press release from Marketwire
BMO Wins National and International Honours for Governance and Innovation in Law
Thursday, August 22, 2013
BMO Wins National and International Honours for Governance and Innovation in Law17:08 EDT Thursday, August 22, 2013
TORONTO, ONTARIO--(Marketwired - Aug. 22, 2013) - BMO Financial Group's Legal, Corporate and Compliance Group received two top honours this week for its innovative use of technology to facilitate information sharing, learning and regulatory compliance throughout the organization.
National Governance Award
The Canadian Society of Corporate Secretaries announced its inaugural Corporate Governance Awards. BMO received top honours for its use of technology to inform, educate and facilitate sound governance, ethics, compliance and risk management practices throughout its entire employee and stakeholder base worldwide.
"Timely, clear and informed reporting are important principles of sound corporate governance and the foundation of our corporate responsibility strategy," said Simon Fish, Executive Vice-President and General Counsel, BMO Financial Group. "This award is testament to the bank's commitment to look continuously for new and more effective ways to connect with our employees, customers and investors wherever they are in the world."
2013 Innovative Law Department of the Year
BMO was also honoured this week as most Innovative Law Department of the Year by the International Legal Technology Association (ILTA). BMO won a 2013 Distinguished Peer Award in the Organization Awards category. The award recognizes individual and team excellence for delivering great business value and transformational impact through innovations and implementations within their organization.
"Our job is to keep asking ourselves is there a way to simplify and remove complication from the way we do things, while upholding the highest standards and rigours of ethics and legal compliance," said Mr. Fish.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
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