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The Voice of the Legal ProfessionModernizing Requirements for
Bonding of Estate TrusteesDate: April 2012
Submitted to: Ministry of the Attorney General
Submitted by: the Ontario Bar AssociationBonding
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What is modernizing requirements for?
Modernizing requirements are for updating and improving existing systems, processes, or technologies.
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The organization or individuals responsible for the systems, processes, or technologies being modernized are required to file modernizing requirements.
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Modernizing requirements can be filled out by providing details on the updates, improvements, and expected outcomes of the modernization process.
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The purpose of modernizing requirements is to ensure that the modernization process is well-planned, documented, and meets the desired objectives.
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Information such as the current state of the system/process/technology, proposed changes, expected benefits, timeline, budget, and stakeholders involved must be reported on modernizing requirements.
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