View this email in your browser   |   January 13, 2015
In this issue
New Narrative Instructions and Document Checklist




 

RCI eNewsletter

QIIP: New Narrative Instructions and Document Checklist Released



MIDI has released today a new document checklist and new narrative writing guidelines that will be applicable to QIIP files submitted in 2015.

The new documents are currently available in English and in French on the MIDI website. A new Application Form, currently only available in French, will also be made available in English on the MIDI website this coming Friday, according to Ministry authorities.

Although the previous version of the Application Form will be accepted by MIDI for a limited transitional period (including the upcoming intake), it must be noted that any file currently being processed by MIDI (i.e. already in inventory) as well as all new upcoming files will eventually have to comply with the new guidelines and standards issued by MIDI.
 
It will be important to pay close attention to the changes brought in the new MIDI documents and guidelines. The new narrative model requires an enhanced level of detail and organization. The document checklist also requires a number of new documents, especially to authenticate statements and source of funds. Some documents must now be submitted in original format, whereas previously copies could be submitted.
 
RCI will accordingly train all its account managers on the changes to ensure that our staff will be available to answer your questions. Our legal team will also be available to answer questions that may arise. New resources to explain these important changes will be issued very shortly on RCI's new website.
 
Finally, in its efforts to ensure the highest level of file quality, RCI will issue a complete and detailed QIIP handbook to its agents, that will be ready for publication shortly. 


With the intake beginning next Monday, we remind you to send us your applications as soon as possible for our review. Spots under RCI's quota are filling quickly. Please contact your RCI account manager today to submit your application for review.
 
Best regards,
 

The RCI Team
Copyright © 2014 Renaissance Capital Inc., All rights reserved.



mseguin@rcican.com
www.rcican.com


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