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ARTICLE · 07 MAY 2020

AMF Announces Additional Measures In Response To COVID-19

Blake, Cassels & Graydon LLP
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On March 31, 2020, the Autorité des marchés financiers (AMF) announced new measures aimed at minimizing the impact of COVID-19 on Quebec's financial system.

CanadaFinance and Banking
Annick Demers
Annick Demers
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On March 31, 2020, the Autorité des marchés financiers (AMF) announced new measures aimed at minimizing the impact of COVID-19 on Quebec's financial system. These measures are in addition to or are intended to clarify the measures announced by the AMF on March 19, 2020, and will impact the following sectors of financial activity:

  • Financial services cooperatives, trust companies and savings companies (read more)

  • Deposit-taking institutions authorized under the Deposit Institutions and Deposit Protection Act (read more)

  • Quebec-chartered insurers (read more)

Many of the measures announced by AMF echo the actions taken by the Office of the Superintendent of Financial Institutions (OSFI) in late March. For more information, please see our March 2020 Blakes Bulletin: OSFI Announces Further Actions in Response to COVID-19.

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