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ARTICLE · 23 APRIL 2012

Amendments Proposed To Regulations Governing Quebec Insurance Representatives

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In a September 2 2011 bulletin the Autorité des marchés financiers (AMF) – the Quebec regulator of incorporated insurance companies and of extra-provincial insurance companies licensed to conduct insurance business in the province.

CanadaInsurance
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McMillan LLP
Enda Wong
Enda Wong
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A one-size-fits-all model that does not fit all

In a September 2 2011 bulletin1 the Autorité des marchés financiers (AMF) – the Quebec regulator of incorporated insurance companies and of extra-provincial insurance companies licensed to conduct insurance business in the province – issued a consultation notice stating that it intends to submit two draft regulations for approval to the Minister of Finance in accordance with Section 217 of an Act respecting the Distribution of Financial Products and Services (the "Act"):2

  1. the regulation to amend the Regulation respecting the pursuit of
    activities as a representative    ; and
  2. its concordant regulation, the regulation to amend the Regulation respecting

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