The AMF Launches Whistleblower Program

On June 20, 2016, the Autorité des marchés financiers (the "AMF"), Quebec's financial services regulatory authority, launched its Whistleblower Program. Individuals who have information about offences that have been committed contrary to the laws and regulations administered by the AMF, including the Securities Act, the Derivatives Act and others, may report such wrongdoing under the Whistleblower Program.

The major features of the program are:

• Confidentiality – The AMF makes every effort to keep the whistleblower's identity and the information they provide confidential;
• No reprisal – An employer is prohibited from firing, demoting or otherwise adversely affecting the whistleblower's employment;